ProShares Hedge Replication (HDG) Enters Oversold Territory
December 15, 2014 at 16:25 PM EST
In trading on Monday, shares of the ProShares Hedge Replication ETF (HDG) entered into oversold territory, changing hands as low as $41.55 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..