CIU Crosses Critical Technical Indicator
April 24, 2018 at 11:45 AM EDT
In trading on Tuesday, shares of the iShares Intermediate Credit Bond ETF (CIU) entered into oversold territory, changing hands as low as $106.28 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..