PFM Crowded With Sellers
October 15, 2014 at 11:09 AM EDT
In trading on Wednesday, shares of the PowerShares Dividend Achievers Portfolio ETF (PFM) entered into oversold territory, changing hands as low as $19.23 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..