Shares of GHYG Now Oversold
October 10, 2014 at 11:15 AM EDT
In trading on Friday, shares of the iShares Global High Yield Corporate Bond ETF (GHYG) entered into oversold territory, changing hands as low as $51.47 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..