Shares of UGL Now Oversold
February 26, 2021 at 11:00 AM EST
In trading on Friday, shares of the ProShares ProShares Ultra Gold ETF (UGL) entered into oversold territory, changing hands as low as $55.10 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..