iShares Aaa - A Rated Corporate Bond (QLTA) Enters Oversold Territory
June 03, 2015 at 11:16 AM EDT
In trading on Wednesday, shares of the iShares Aaa - A Rated Corporate Bond ETF (QLTA) entered into oversold territory, changing hands as low as $50.78 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..