PowerShares DB Precious Metals Fund (DBP) Enters Oversold Territory
May 01, 2014 at 10:49 AM EDT
In trading on Thursday, shares of the PowerShares DB Precious Metals Fund ETF (DBP) entered into oversold territory, changing hands as low as $40.85 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..