HYGH Crosses Critical Technical Indicator
November 16, 2018 at 10:51 AM EST
In trading on Friday, shares of the iShares Interest Rate Hedged High Yield Bond ETF (HYGH) entered into oversold territory, changing hands as low as $88.7241 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..