PowerShares Senior Loan Portfolio (BKLN) Enters Oversold Territory
April 15, 2014 at 11:02 AM EDT
In trading on Tuesday, shares of the PowerShares Senior Loan Portfolio ETF (BKLN) entered into oversold territory, changing hands as low as $24.66 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..