iShares iBonds Dec 2024 Term Corporate (IBDP) Enters Oversold Territory
October 21, 2021 at 15:53 PM EDT
In trading on Thursday, shares of the iShares— iBonds— Dec 2024 Term Corporate ETF (IBDP) entered into oversold territory, changing hands as low as $26.09 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..