iShares 0-5 Year Investment Grade Corporate Bond Getting Very Oversold
September 29, 2014 at 16:02 PM EDT
In trading on Monday, shares of the iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) entered into oversold territory, changing hands as low as $50.20 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..