TWM Crowded With Sellers
May 17, 2013 at 16:13 PM EDT
In trading on Friday, shares of the Proshares UltraShort Russell2000 ETF (TWM) entered into oversold territory, changing hands as low as $17.55 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.