High-Yield Municipal Index (HYD) Enters Oversold Territory
November 09, 2016 at 11:08 AM EST
In trading on Wednesday, shares of the High-Yield Municipal Index ETF (HYD) entered into oversold territory, changing hands as low as $31.155 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..