Shares of IEF Now Oversold
June 10, 2015 at 15:57 PM EDT
In trading on Wednesday, shares of the iShares 7-10 Year Treasury Bond ETF (IEF) entered into oversold territory, changing hands as low as $103.76 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..