TYBS Crosses Critical Technical Indicator
March 03, 2014 at 16:01 PM EST
In trading on Monday, shares of the Daily 20+ Year Treasury Bear 1x Shares ETF (TYBS) entered into oversold territory, changing hands as low as $27.90 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..