iShares Barclays Credit Bond Fund (CFT) Enters Oversold Territory
May 28, 2013 at 11:13 AM EDT
In trading on Tuesday, shares of the iShares Barclays Credit Bond Fund ETF (CFT) entered into oversold territory, changing hands as low as $111.77 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.