Shares of IBDL Now Oversold
March 12, 2020 at 11:22 AM EDT
In trading on Thursday, shares of the iBonds— Dec 2020 Term Corporate ETF (IBDL) entered into oversold territory, changing hands as low as $24.75 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..