Shares of TBX Now Oversold
June 10, 2016 at 10:55 AM EDT
In trading on Friday, shares of the ProShares Short 7-10 Year Treasury ETF (TBX) entered into oversold territory, changing hands as low as $27.30 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..