LWC Crowded With Sellers
August 16, 2013 at 15:52 PM EDT
In trading on Friday, shares of the SPDR Barclays Long Term Corporate Bond ETF (LWC) entered into oversold territory, changing hands as low as $36.00 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.