IBMM Crowded With Sellers
April 28, 2022 at 11:00 AM EDT
In trading on Thursday, shares of the iShares— iBonds— Dec 2024 Term Muni Bond ETF (IBMM) entered into oversold territory, changing hands as low as $25.72 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..