ProShares ProShares Ultra Gold Getting Very Oversold
August 09, 2021 at 11:08 AM EDT
In trading on Monday, shares of the ProShares ProShares Ultra Gold ETF (UGL) entered into oversold territory, changing hands as low as $54.68 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..