iSharesBond 2018 Corporate Term Getting Very Oversold
September 05, 2013 at 16:23 PM EDT
In trading on Thursday, shares of the iSharesBond 2018 Corporate Term ETF (IBDB) entered into oversold territory, changing hands as low as $99.43 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.