By: ETF Channel
May 17, 2013 at 16:12 PM EDT
Vanguard Short-Term Inflation-Protected Securities Getting Very Oversold
In trading on Friday, shares of the Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) entered into oversold territory, changing hands as low as $49.85 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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