PCEF Crosses Critical Technical Indicator
February 12, 2016 at 10:53 AM EST
In trading on Friday, shares of the PowerShares CEF Income Composite Portfolio ETF (PCEF) entered into oversold territory, changing hands as low as $19.524 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..