Vanguard Long-Term Government Bond Getting Very Oversold
By: ETF Channel
In trading on Thursday, shares of the Vanguard Long-Term Government Bond ETF (VGLT) entered into oversold territory, changing hands as low as $73.681 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.
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