PBE Crowded With Sellers
September 25, 2015 at 15:52 PM EDT
In trading on Friday, shares of the PowerShares Dynamic Biotechnology & Genome Portfolio ETF (PBE) entered into oversold territory, changing hands as low as $46.39 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..