iShares 10+ Year Investment Grade Corporate Bond Getting Very Oversold
April 16, 2024 at 13:22 PM EDT
In trading on Tuesday, shares of the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) entered into oversold territory, changing hands as low as $48.35 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..
