LAG Crosses Critical Technical Indicator
February 01, 2013 at 15:54 PM EST
In trading on Friday, shares of the SPDR Barclays Aggregate Bond ETF (LAG) entered into oversold territory, changing hands as low as $58.07 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.