ProShares ProShares UltraPro Short QQQ Getting Very Oversold
June 24, 2021 at 10:55 AM EDT
In trading on Thursday, shares of the ProShares ProShares UltraPro Short QQQ ETF (SQQQ) entered into oversold territory, changing hands as low as $9.42 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..