UVXY Crosses Critical Technical Indicator
April 09, 2015 at 15:54 PM EDT
In trading on Thursday, shares of the ProShares Ultra VIX Short-Term Futures ETF (UVXY) entered into oversold territory, changing hands as low as $12.50 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..