iShares MBS Enters Oversold Territory
March 17, 2021 at 10:58 AM EDT
In trading on Wednesday, shares of the iShares MBS ETF (MBB) entered into oversold territory, changing hands as low as $108.50 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..