iShares 10+ Year Credit Bond Getting Very Oversold
December 01, 2016 at 10:50 AM EST
In trading on Thursday, shares of the iShares 10+ Year Credit Bond ETF (CLY) entered into oversold territory, changing hands as low as $57.18 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..