Shares of SHM Now Oversold
November 10, 2017 at 10:52 AM EST
In trading on Friday, shares of the SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF (SHM) entered into oversold territory, changing hands as low as $48.35 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..