Shares of LALT Now Oversold
July 27, 2015 at 11:02 AM EDT
In trading on Monday, shares of the PowerShares Multi-Strategy Alternative Portfolio ETF (LALT) entered into oversold territory, changing hands as low as $22.66 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..