IBMI Crowded With Sellers
March 17, 2020 at 17:39 PM EDT
In trading on Tuesday, shares of the iBonds— Sep 2020 Term Muni Bond ETF (IBMI) entered into oversold territory, changing hands as low as $25.31 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..