PowerShares S&P 500 BuyWrite Portfolio (PBP) Enters Oversold Territory
December 27, 2017 at 11:12 AM EST
In trading on Wednesday, shares of the PowerShares S&P 500 BuyWrite Portfolio ETF (PBP) entered into oversold territory, changing hands as low as $21.29 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..