PowerShares S&P International Developed High Beta Portfolio Getting Very Oversold
January 06, 2015 at 11:04 AM EST
In trading on Tuesday, shares of the PowerShares S&P International Developed High Beta Portfolio ETF (IDHB) entered into oversold territory, changing hands as low as $26.13 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..