iShares iBonds Dec 2024 Term Corporate Getting Very Oversold

by Trading & Investing |

In trading on Monday, shares of the iShares— iBonds— Dec 2024 Term Corporate ETF (Symbol: IBDP) entered into oversold territory, changing hands as low as $25.41 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical