PKW Crosses Critical Technical Indicator
October 13, 2014 at 11:27 AM EDT
In trading on Monday, shares of the PowerShares BuyBack Achievers Portfolio ETF (PKW) entered into oversold territory, changing hands as low as $42.75 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..