ProShares Ultra VIX Short-Term Futures (UVXY) Enters Oversold Territory
March 22, 2016 at 15:55 PM EDT
In trading on Tuesday, shares of the ProShares Ultra VIX Short-Term Futures ETF (UVXY) entered into oversold territory, changing hands as low as $21.25 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..