PLW Crosses Critical Technical Indicator
Posted on September 14, 2012 at 11:50 AM EDT
In trading on Friday, shares of the 1-30 Laddered Treasury Portfolio ETF (PLW) entered into oversold territory, changing hands as low as $32.156 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.