CJNK Crowded With Sellers
June 11, 2015 at 15:58 PM EDT
In trading on Thursday, shares of the SPDR BofA Merrill Lynch Crossover Corporate Bond ETF (CJNK) entered into oversold territory, changing hands as low as $25.6201 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..