KBWB Crowded With Sellers
January 14, 2015 at 15:56 PM EST
In trading on Wednesday, shares of the PowerShares KBW Bank Portfolio ETF (KBWB) entered into oversold territory, changing hands as low as $34.16 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..