IBMJ Crosses Critical Technical Indicator
September 13, 2019 at 11:03 AM EDT
In trading on Friday, shares of the iBonds— Dec 2021 Term Muni Bond ETF (IBMJ) entered into oversold territory, changing hands as low as $25.77 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..