IBDM Crosses Critical Technical Indicator
December 01, 2016 at 10:50 AM EST
In trading on Thursday, shares of the iBonds Dec 2021 Term Corporate ETF (IBDM) entered into oversold territory, changing hands as low as $24.60 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..