IEF Crowded With Sellers
January 04, 2013 at 11:05 AM EST
In trading on Friday, shares of the iShares Barclays 7-10 Year Treasury Bond Fund ETF (IEF) entered into oversold territory, changing hands as low as $106.22 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.