iShares Government/Credit Bond Getting Very Oversold
November 30, 2016 at 15:51 PM EST
In trading on Wednesday, shares of the iShares Government/Credit Bond ETF (GBF) entered into oversold territory, changing hands as low as $112.31 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..