Vanguard Long-Term Corporate Bond Getting Very Oversold
August 19, 2013 at 15:53 PM EDT
In trading on Monday, shares of the Vanguard Long-Term Corporate Bond ETF (VCLT) entered into oversold territory, changing hands as low as $79.8001 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.