Shares of MUAF Now Oversold
June 13, 2013 at 11:02 AM EDT
In trading on Thursday, shares of the iShares 2017 S&P AMT-Free Municipal Series ETF (MUAF) entered into oversold territory, changing hands as low as $54.76 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.