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BOIL Crosses Critical Technical Indicator

In trading on Monday, shares of the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) entered into oversold territory, changing hands as low as $32.30 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..

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ProShares Ultra Bloomberg Natural Gas (BOIL)