Shares of EELV Now Oversold
August 12, 2015 at 11:10 AM EDT
In trading on Wednesday, shares of the PowerShares S&P Emerging Markets Low Volatility Portfolio ETF (EELV) entered into oversold territory, changing hands as low as $22.75 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..