UVXY Crowded With Sellers
March 18, 2015 at 16:09 PM EDT
In trading on Wednesday, shares of the ProShares Ultra VIX Short-Term Futures ETF (UVXY) entered into oversold territory, changing hands as low as $15.48 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..