PXE Crowded With Sellers
March 14, 2017 at 11:20 AM EDT
In trading on Tuesday, shares of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF (PXE) entered into oversold territory, changing hands as low as $20.2334 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..