PowerShares FTSE RAFI Emerging Markets Portfolio Getting Very Oversold
January 06, 2016 at 11:01 AM EST
In trading on Wednesday, shares of the PowerShares FTSE RAFI Emerging Markets Portfolio ETF (PXH) entered into oversold territory, changing hands as low as $13.36 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..