PowerShares DWA Emerging Markets Momentum Portfolio Getting Very Oversold
December 11, 2014 at 15:56 PM EST
In trading on Thursday, shares of the PowerShares DWA Emerging Markets Momentum Portfolio ETF (PIE) entered into oversold territory, changing hands as low as $17.35 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..