IBDR Crosses Critical Technical Indicator
February 23, 2021 at 11:17 AM EST
In trading on Tuesday, shares of the iBonds— Dec 2026 Term Corporate ETF (IBDR) entered into oversold territory, changing hands as low as $26.75 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..