SPDR Portfolio Aggregate Bond (SPAB) Enters Oversold Territory
April 25, 2018 at 16:12 PM EDT
In trading on Wednesday, shares of the SPDR Portfolio Aggregate Bond ETF (SPAB) entered into oversold territory, changing hands as low as $27.73 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..