Short High-Yield Municipal Index (SHYD) Enters Oversold Territory
July 01, 2014 at 15:52 PM EDT
In trading on Tuesday, shares of the Short High-Yield Municipal Index ETF (SHYD) entered into oversold territory, changing hands as low as $25.15 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..