PowerShares DWA Consumer Cyclicals Momentum Portfolio Getting Very Oversold
November 01, 2016 at 15:54 PM EDT
In trading on Tuesday, shares of the PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (PEZ) entered into oversold territory, changing hands as low as $40.00 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..