Invesco Fundamental High Yield Corporate Bond Getting Very Oversold
November 19, 2018 at 11:29 AM EST
In trading on Monday, shares of the Invesco Fundamental High Yield Corporate Bond ETF (PHB) entered into oversold territory, changing hands as low as $17.98 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..