PSCF Crowded With Sellers
March 22, 2017 at 11:48 AM EDT
In trading on Wednesday, shares of the PowerShares S&P SmallCap Financials Portfolio ETF (PSCF) entered into oversold territory, changing hands as low as $49.32 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..