PowerShares DWA SmallCap Momentum Portfolio (DWAS) Enters Oversold Territory
January 07, 2016 at 11:02 AM EST
In trading on Thursday, shares of the PowerShares DWA SmallCap Momentum Portfolio ETF (DWAS) entered into oversold territory, changing hands as low as $35.04 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..