Shares of EQWM Now Oversold
July 27, 2015 at 16:08 PM EDT
In trading on Monday, shares of the PowerShares Russell Midcap Equal Weight Portfolio ETF (EQWM) entered into oversold territory, changing hands as low as $38.33 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..
