ProShares UltraPro Dow30 Getting Very Oversold
October 30, 2020 at 11:05 AM EDT
In trading on Friday, shares of the ProShares UltraPro Dow30 ETF (UDOW) entered into oversold territory, changing hands as low as $65.304 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..