ProShares High YieldInterest Rate Hedged Getting Very Oversold
December 09, 2014 at 11:32 AM EST
In trading on Tuesday, shares of the ProShares High YieldInterest Rate Hedged ETF (HYHG) entered into oversold territory, changing hands as low as $73.14 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..