PowerShares DB Precious Metals Fund Getting Very Oversold
August 22, 2014 at 11:31 AM EDT
In trading on Friday, shares of the PowerShares DB Precious Metals Fund ETF (DBP) entered into oversold territory, changing hands as low as $40.8101 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..