Shares of PSP Now Oversold
November 13, 2017 at 11:22 AM EST
In trading on Monday, shares of the PowerShares Global Listed Private Equity Portfolio ETF (PSP) entered into oversold territory, changing hands as low as $12.30 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..