SCPB Crowded With Sellers
December 27, 2013 at 11:36 AM EST
In trading on Friday, shares of the SPDR Barclays Short Term Corporate Bond ETF (SCPB) entered into oversold territory, changing hands as low as $30.63 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.