SPLV Crosses Critical Technical Indicator
August 24, 2015 at 12:01 PM EDT
In trading on Monday, shares of the PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV) entered into oversold territory, changing hands as low as $20.00 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..