LWC Crosses Critical Technical Indicator
November 30, 2016 at 10:54 AM EST
In trading on Wednesday, shares of the SPDR Bloomberg Barclays Long Term Corporate Bond ETF (LWC) entered into oversold territory, changing hands as low as $39.15 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..