PSQ Crowded With Sellers
November 22, 2013 at 15:51 PM EST
In trading on Friday, shares of the Proshares Short QQQ ETF (PSQ) entered into oversold territory, changing hands as low as $19.185 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.