Shares of CIU Now Oversold
November 09, 2016 at 15:52 PM EST
In trading on Wednesday, shares of the iShares Intermediate Credit Bond ETF (CIU) entered into oversold territory, changing hands as low as $109.5042 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..