Shares of GBF Now Oversold
October 23, 2024 at 11:05 AM EDT
In trading on Wednesday, shares of the iShares Government/Credit Bond ETF (GBF) entered into oversold territory, changing hands as low as $104.0317 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..