iShares iBonds Dec 2028 Term Muni Bond (IBMQ) Enters Oversold Territory
October 23, 2024 at 11:18 AM EDT
In trading on Wednesday, shares of the iShares— iBonds— Dec 2028 Term Muni Bond ETF (IBMQ) entered into oversold territory, changing hands as low as $25.28 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..