SPDR Barclays Aggregate Bond Getting Very Oversold
May 28, 2013 at 15:57 PM EDT
In trading on Tuesday, shares of the SPDR Barclays Aggregate Bond ETF (LAG) entered into oversold territory, changing hands as low as $57.82 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.