iShares Global High Yield Corporate Bond Getting Very Oversold
December 11, 2014 at 11:17 AM EST
In trading on Thursday, shares of the iShares Global High Yield Corporate Bond ETF (GHYG) entered into oversold territory, changing hands as low as $49.335 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..
