Shares of PFI Now Oversold
May 06, 2015 at 15:53 PM EDT
In trading on Wednesday, shares of the PowerShares DWA Financial Momentum Portfolio ETF (PFI) entered into oversold territory, changing hands as low as $30.23 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..