PowerShares S&P SmallCap Low Volatility Portfolio Getting Very Oversold
August 01, 2014 at 15:53 PM EDT
In trading on Friday, shares of the PowerShares S&P SmallCap Low Volatility Portfolio ETF (XSLV) entered into oversold territory, changing hands as low as $30.38 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..