Shares of HYMB Now Oversold
August 21, 2013 at 11:11 AM EDT
In trading on Wednesday, shares of the SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB) entered into oversold territory, changing hands as low as $50.06 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.