SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond Getting Very Oversold
February 19, 2021 at 10:52 AM EST
In trading on Friday, shares of the SPDR— Nuveen Bloomberg Barclays Short Term Municipal Bond ETF (SHM) entered into oversold territory, changing hands as low as $49.60 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..