IDHB Crosses Critical Technical Indicator
October 02, 2014 at 15:50 PM EDT
In trading on Thursday, shares of the PowerShares S&P International Developed High Beta Portfolio ETF (IDHB) entered into oversold territory, changing hands as low as $27.37 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..