Shares of IBDU Now Oversold
March 01, 2023 at 10:58 AM EST
In trading on Wednesday, shares of the iShares— iBonds— Dec 2029 Term Corporate ETF (IBDU) entered into oversold territory, changing hands as low as $21.977 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..