PowerShares DWA Developed Markets Momentum Portfolio (PIZ) Enters Oversold Territory
January 06, 2015 at 15:55 PM EST
In trading on Tuesday, shares of the PowerShares DWA Developed Markets Momentum Portfolio ETF (PIZ) entered into oversold territory, changing hands as low as $23.14 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..