PowerShares Dynamic Pharmaceuticals Portfolio (PJP) Enters Oversold Territory
October 26, 2016 at 15:50 PM EDT
In trading on Wednesday, shares of the PowerShares Dynamic Pharmaceuticals Portfolio ETF (PJP) entered into oversold territory, changing hands as low as $58.0194 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..