iShares Core Long-Term U.S. Bond (ILTB) Enters Oversold Territory
July 05, 2013 at 15:53 PM EDT
In trading on Friday, shares of the iShares Core Long-Term US Bond ETF (ILTB) entered into oversold territory, changing hands as low as $55.401 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.