Most Overbought Most Oversold ETFs

Courtesy: Bespoke Investment Group - August 4, 2008 - Below we highlight the 25 most overbought and oversold US ETFs based on their 50-day moving averages from our list of nearly 800 names.  Currently, the biotech ETF (BBH) is the furthest above its 50-day at nearly 18%, followed by Turkey (TUR), the Ultrashort Oil&Gas ETF (DUG) and XBI.  On the oversold side, natural gas (UNG) is trading the furthest below its 50-day at -24%, followed by more energy related ETFs.



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