Financial Preferred Portfolio (PGF) Enters Oversold Territory
June 24, 2013 at 16:00 PM EDT
In trading on Monday, shares of the Financial Preferred Portfolio ETF (PGF) entered into oversold territory, changing hands as low as $17.24 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.