Daily Junior Gold Miners Index Bull 3x Shares (JNUG) Enters Oversold Territory
October 29, 2014 at 15:57 PM EDT
In trading on Wednesday, shares of the Daily Junior Gold Miners Index Bull 3x Shares ETF (JNUG) entered into oversold territory, changing hands as low as $6.46 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..