Fallen Angel High Yield Bond Getting Very Oversold
December 17, 2015 at 15:48 PM EST
In trading on Thursday, shares of the Fallen Angel High Yield Bond ETF (ANGL) entered into oversold territory, changing hands as low as $24.13 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..