AMT-Free Short Municipal Index Getting Very Oversold
November 28, 2017 at 16:16 PM EST
In trading on Tuesday, shares of the AMT-Free Short Municipal Index ETF (SMB) entered into oversold territory, changing hands as low as $17.33 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..