iShares iBoxx $ Investment Grade Corporate Bond (LQD) Enters Oversold Territory
May 04, 2015 at 15:52 PM EDT
In trading on Monday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) entered into oversold territory, changing hands as low as $118.585 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..