Shares of VMBS Now Oversold
June 10, 2015 at 15:57 PM EDT
In trading on Wednesday, shares of the Vanguard Mortgage-Backed Securities ETF (VMBS) entered into oversold territory, changing hands as low as $52.63 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..