Shares of ERX Now Oversold
October 23, 2018 at 10:52 AM EDT
In trading on Tuesday, shares of the Daily Energy Bull 3X Shares ETF (ERX) entered into oversold territory, changing hands as low as $26.56 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..