JNK Crowded With Sellers
July 02, 2018 at 10:58 AM EDT
In trading on Monday, shares of the SPDR Bloomberg Barclays High Yield Bond ETF (JNK) entered into oversold territory, changing hands as low as $35.27 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..