Daily Financial Bear 3x Shares Getting Very Oversold - InvestingChannel

Daily Financial Bear 3x Shares Getting Very Oversold

In trading on Thursday, shares of the Daily Financial Bear 3x Shares ETF (FAZ) entered into oversold territory, changing hands as low as $19.5701 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..