Daily Emerging Markets Bear 3x Shares Getting Very Oversold
April 04, 2014 at 11:11 AM EDT
In trading on Friday, shares of the Daily Emerging Markets Bear 3x Shares ETF (EDZ) entered into oversold territory, changing hands as low as $36.32 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..