ProShares ProShares UltraShort S&P500 Getting Very Oversold
September 01, 2021 at 11:03 AM EDT
In trading on Wednesday, shares of the ProShares ProShares UltraShort S&P500 ETF (SDS) entered into oversold territory, changing hands as low as $8.04 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..