PDBC Crosses Critical Technical Indicator
August 07, 2019 at 10:57 AM EDT
In trading on Wednesday, shares of the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) entered into oversold territory, changing hands as low as $15.27 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..