iShares iBoxx $ Investment Grade Corporate Bond Getting Very Oversold
October 05, 2018 at 10:52 AM EDT
In trading on Friday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) entered into oversold territory, changing hands as low as $113.08 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..
