Shares of SHY Now Oversold
November 14, 2016 at 11:43 AM EST
In trading on Monday, shares of the iShares 1-3 Year Treasury Bond ETF (SHY) entered into oversold territory, changing hands as low as $84.60 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..