Shares of IGIB Now Oversold
January 14, 2022 at 16:02 PM EST
In trading on Friday, shares of the iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) entered into oversold territory, changing hands as low as $58.20 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..