iShares iBonds Dec 2023 Term Corporate Getting Very Oversold
November 24, 2021 at 11:07 AM EST
In trading on Wednesday, shares of the iShares— iBonds— Dec 2023 Term Corporate ETF (IBDO) entered into oversold territory, changing hands as low as $25.79 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..