Shares of PIO Now Oversold
July 06, 2015 at 11:38 AM EDT
In trading on Monday, shares of the PowerShares Global Water Portfolio ETF (PIO) entered into oversold territory, changing hands as low as $23.07 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..