EUO Crosses Critical Technical Indicator
July 25, 2017 at 10:51 AM EDT
In trading on Tuesday, shares of the ProShares UltraShort Euro ETF (EUO) entered into oversold territory, changing hands as low as $22.039 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..
