PWZ Crosses Critical Technical Indicator
May 06, 2015 at 15:52 PM EDT
In trading on Wednesday, shares of the PowerShares California AMT-Free Municipal Bond Portfolio ETF (PWZ) entered into oversold territory, changing hands as low as $25.31 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..
