ProShares UltraShort Consumer Goods (SZK) Enters Oversold Territory
July 12, 2016 at 15:50 PM EDT
In trading on Tuesday, shares of the ProShares UltraShort Consumer Goods ETF (SZK) entered into oversold territory, changing hands as low as $17.46 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..