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FTSE RAFI US 1500 Small-Mid Portfolio (PRFZ) Enters Oversold Territory
By:
ETF Channel
Posted on June 04, 2012 at 16:03 PM EDT
In trading on Monday, shares of the FTSE RAFI US 1500 Small-Mid Portfolio ETF (PRFZ) entered into oversold territory, changing hands as low as $59.29 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.
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