Shares of SPHD Now Oversold
March 10, 2015 at 15:57 PM EDT
In trading on Tuesday, shares of the PowerShares S&P 500 High Dividend Portfolio ETF (SPHD) entered into oversold territory, changing hands as low as $32.02 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..