LQDW Crosses Critical Technical Indicator
October 23, 2024 at 11:13 AM EDT
In trading on Wednesday, shares of the iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (LQDW) entered into oversold territory, changing hands as low as $27.31 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..