iBonds Sep 2018 Term Muni Bond Getting Very Oversold
October 11, 2016 at 10:50 AM EDT
In trading on Tuesday, shares of the iBonds Sep 2018 Term Muni Bond ETF (IBMG) entered into oversold territory, changing hands as low as $25.4781 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..