1-30 Laddered Treasury Portfolio Getting Very Oversold
January 03, 2013 at 16:08 PM EST
In trading on Thursday, shares of the 1-30 Laddered Treasury Portfolio ETF (PLW) entered into oversold territory, changing hands as low as $32.16 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.