Shares of SJNK Now Oversold
November 09, 2017 at 11:09 AM EST
In trading on Thursday, shares of the SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) entered into oversold territory, changing hands as low as $27.54 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..