iShares New York Muni Bond (NYF) Enters Oversold Territory
October 05, 2018 at 15:59 PM EDT
In trading on Friday, shares of the iShares New York Muni Bond ETF (NYF) entered into oversold territory, changing hands as low as $53.77 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..