Shares of PJP Now Oversold
September 29, 2016 at 15:56 PM EDT
In trading on Thursday, shares of the PowerShares Dynamic Pharmaceuticals Portfolio ETF (PJP) entered into oversold territory, changing hands as low as $60.78 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..