Shares of URE Now Oversold
November 10, 2016 at 10:52 AM EST
In trading on Thursday, shares of the ProShares Ultra Real Estate ETF (URE) entered into oversold territory, changing hands as low as $98.62 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..