iShares Investment Grade Systematic Bond Getting Very Oversold
October 23, 2024 at 11:13 AM EDT
In trading on Wednesday, shares of the iShares Investment Grade Systematic Bond ETF (IGEB) entered into oversold territory, changing hands as low as $45.21 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..