iShares 5-10 Year Investment Grade Corporate Bond (IGIB) Enters Oversold Territory
October 23, 2024 at 11:20 AM EDT
In trading on Wednesday, shares of the iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) entered into oversold territory, changing hands as low as $52.37 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..