PowerShares Emerging Markets Sovereign Debt Portfolio (PCY) Enters Oversold Territory
January 12, 2016 at 15:52 PM EST
In trading on Tuesday, shares of the PowerShares Emerging Markets Sovereign Debt Portfolio ETF (PCY) entered into oversold territory, changing hands as low as $27.00 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..