Proshares Short SmallCap600 (SBB) Enters Oversold Territory
January 17, 2013 at 11:34 AM EST
In trading on Thursday, shares of the Proshares Short SmallCap600 ETF (SBB) entered into oversold territory, changing hands as low as $20.15 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.