iShares Short-Term Corporate Bond Getting Very Oversold
March 11, 2020 at 16:18 PM EDT
In trading on Wednesday, shares of the iShares Short-Term Corporate Bond ETF (IGSB) entered into oversold territory, changing hands as low as $53.12 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..