SPDR Barclays High Yield Bond (JNK) Enters Oversold Territory
September 25, 2014 at 12:02 PM EDT
In trading on Thursday, shares of the SPDR Barclays High Yield Bond ETF (JNK) entered into oversold territory, changing hands as low as $40.07 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..