HDG Crosses Critical Technical Indicator
July 08, 2015 at 15:57 PM EDT
In trading on Wednesday, shares of the ProShares Hedge Replication ETF (HDG) entered into oversold territory, changing hands as low as $42.50 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..