iShares Barclays GNMA Bond Fund Getting Very Oversold
October 01, 2012 at 12:03 PM EDT
In trading on Monday, shares of the iShares Barclays GNMA Bond Fund ETF (GNMA) entered into oversold territory, changing hands as low as $50.65 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.