ITE Crosses Critical Technical Indicator
October 04, 2018 at 11:04 AM EDT
In trading on Thursday, shares of the SPDR Bloomberg Barclays Intermediate Term Treasury ETF (ITE) entered into oversold territory, changing hands as low as $57.72 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..