PowerShares Fundamental Pure Large Growth Portfolio Getting Very Oversold
October 14, 2014 at 15:54 PM EDT
In trading on Tuesday, shares of the PowerShares Fundamental Pure Large Growth Portfolio ETF (PXLG) entered into oversold territory, changing hands as low as $29.54 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..