Shares of ZSL Now Oversold
Posted on September 26, 2012 at 15:51 PM EDT
In trading on Wednesday, shares of the Proshares UltraShort Silver ETF (ZSL) entered into oversold territory, changing hands as low as $41.323 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.