iShares 1-3 Year Treasury Bond (SHY) Enters Oversold Territory
September 05, 2013 at 11:08 AM EDT
In trading on Thursday, shares of the iShares 1-3 Year Treasury Bond ETF (SHY) entered into oversold territory, changing hands as low as $84.07 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.