Daily Gold Miners Bear 3x Shares Getting Very Oversold
Posted on August 24, 2012 at 15:48 PM EDT
In trading on Friday, shares of the Daily Gold Miners Bear 3x Shares ETF (DUST) entered into oversold territory, changing hands as low as $35.85 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.