Shares of IEI Now Oversold
December 05, 2016 at 10:55 AM EST
In trading on Monday, shares of the iShares 3-7 Year Treasury Bond ETF (IEI) entered into oversold territory, changing hands as low as $122.43 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..