Shares of JNK Now Oversold
July 27, 2015 at 10:57 AM EDT
In trading on Monday, shares of the SPDR Barclays High Yield Bond ETF (JNK) entered into oversold territory, changing hands as low as $37.57 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..