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Vanguard Mortgage-Backed Securities Getting Very Oversold

In trading on Wednesday, shares of the Vanguard Mortgage-Backed Securities ETF (VMBS) entered into oversold territory, changing hands as low as $51.2539 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..
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