PIE Crowded With Sellers
January 24, 2014 at 17:25 PM EST
In trading on Friday, shares of the DWA Emerging Markets Momentum Portfolio ETF (PIE) entered into oversold territory, changing hands as low as $16.68 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.