By: ETF Channel
June 18, 2013 at 11:15 AM EDT
Shares of CLY Now Oversold
In trading on Tuesday, shares of the iShares 10+ Year Credit Bond Fund ETF (CLY) entered into oversold territory, changing hands as low as $57.43 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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