International High Yield Bond (IHY) Enters Oversold Territory
July 31, 2014 at 11:56 AM EDT
In trading on Thursday, shares of the International High Yield Bond ETF (IHY) entered into oversold territory, changing hands as low as $27.45 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..