LQD Crosses Critical Technical Indicator
January 12, 2021 at 11:04 AM EST
In trading on Tuesday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) entered into oversold territory, changing hands as low as $134.945 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..