BAB Crosses Critical Technical Indicator
July 05, 2013 at 11:08 AM EDT
In trading on Friday, shares of the Build America Bond Portfolio ETF (BAB) entered into oversold territory, changing hands as low as $27.61 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.