PowerShares KBW High Dividend Yield Financial Portfolio (KBWD) Enters Oversold Territory
September 29, 2015 at 15:56 PM EDT
In trading on Tuesday, shares of the PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD) entered into oversold territory, changing hands as low as $21.58 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..