SPXL Crowded With Sellers
March 20, 2020 at 16:25 PM EDT
In trading on Friday, shares of the Daily S&P 500 Bull 3X Shares ETF (SPXL) entered into oversold territory, changing hands as low as $19.50 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..