DWAQ Crosses Critical Technical Indicator
October 10, 2014 at 11:15 AM EDT
In trading on Friday, shares of the PowerShares DWA NASDAQ Momentum Portfolio ETF (DWAQ) entered into oversold territory, changing hands as low as $63.50 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..