iShares iBoxx $ Investment Grade Corporate Bond (LQD) Enters Oversold Territory

by Trading & Investing |

In trading on Monday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) entered into oversold territory, changing hands as low as $124.02 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analy