Daily 20 Year Plus Treasury Bear 1x Shares (TYBS) Enters Oversold Territory

In trading on Thursday, shares of the Daily 20 Year Plus Treasury Bear 1x Shares ETF (TYBS) entered into oversold territory, changing hands as low as $26.835 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.