SPDR Barclays TIPS Getting Very Oversold
January 03, 2013 at 16:21 PM EST
In trading on Thursday, shares of the SPDR Barclays TIPS ETF (IPE) entered into oversold territory, changing hands as low as $60.11 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.