Shares of PSCT Now Oversold
August 24, 2015 at 11:20 AM EDT
In trading on Monday, shares of the PowerShares S&P SmallCap Information Technology Portfolio ETF (PSCT) entered into oversold territory, changing hands as low as $39.41 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..