PowerShares S&P International Developed High Beta Portfolio (IDHB) Enters Oversold Territory
July 07, 2015 at 15:51 PM EDT
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 $27.19 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..