BABS Crosses Critical Technical Indicator
September 14, 2012 at 11:51 AM EDT
In trading on Friday, shares of the SPDR Nuveen Barclays Capital Build America Bond ETF (BABS) entered into oversold territory, changing hands as low as $58.55 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.