VGIT Crowded With Sellers
December 24, 2012 at 11:38 AM EST
In trading on Monday, shares of the Vanguard Intermediate-Term Government Bond ETF (VGIT) entered into oversold territory, changing hands as low as $65.29 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.