PowerShares Dynamic Biotechnology & Genome Portfolio Getting Very Oversold
November 17, 2017 at 10:48 AM EST
In trading on Friday, shares of the PowerShares Dynamic Biotechnology & Genome Portfolio ETF (PBE) entered into oversold territory, changing hands as low as $44.2868 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..