Intermediate Municipal Index (ITM) Enters Oversold Territory
May 11, 2015 at 11:14 AM EDT
In trading on Monday, shares of the Intermediate Municipal Index ETF (ITM) entered into oversold territory, changing hands as low as $23.34 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..