PTMC Crosses Critical Technical Indicator
May 31, 2019 at 11:09 AM EDT
In trading on Friday, shares of the PTMC ETF (PTMC) entered into oversold territory, changing hands as low as $28.38 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..