Shares of MBG Now Oversold
December 27, 2012 at 11:00 AM EST
In trading on Thursday, shares of the SPDR Barclays Mortgage Backed Bond ETF (MBG) entered into oversold territory, changing hands as low as $27.29 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.