Proshares UltraShort Health Care (RXD) Enters Oversold Territory

In trading on Thursday, shares of the Proshares UltraShort Health Care ETF (RXD) entered into oversold territory, changing hands as low as $16.314 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..
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