PowerShares S&P 500 Quality Portfolio Getting Very Oversold
June 27, 2016 at 15:56 PM EDT
In trading on Monday, shares of the PowerShares S&P 500 Quality Portfolio ETF (SPHQ) entered into oversold territory, changing hands as low as $23.63 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..