Daily Retail Bull 3x Shares (RETL) Enters Oversold Territory
August 27, 2013 at 16:10 PM EDT
In trading on Tuesday, shares of the Daily Retail Bull 3x Shares ETF (RETL) entered into oversold territory, changing hands as low as $52.36 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.