By: ETF Channel
November 07, 2012 at 16:05 PM EST
KBW High Dividend Yield Financial Portfolio (KBWD) Enters Oversold Territory
In trading on Wednesday, shares of the KBW High Dividend Yield Financial Portfolio ETF (KBWD) entered into oversold territory, changing hands as low as $22.77 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.
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