SHM Crowded With Sellers
October 03, 2016 at 10:52 AM EDT
In trading on Monday, shares of the SPDR Nuveen Barclays Short Term Municipal Bond ETF (SHM) entered into oversold territory, changing hands as low as $48.81 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..