Shares of PUW Now Oversold
June 29, 2015 at 15:48 PM EDT
In trading on Monday, shares of the PowerShares WilderHill Progressive Energy Portfolio ETF (PUW) entered into oversold territory, changing hands as low as $26.63 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..