iShares Broad USD High Yield Corporate Bond Getting Very Oversold
November 16, 2018 at 10:51 AM EST
In trading on Friday, shares of the iShares Broad USD High Yield Corporate Bond ETF (USHY) entered into oversold territory, changing hands as low as $47.03 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..