IBTJ Crosses Critical Technical Indicator
October 28, 2024 at 16:10 PM EDT
In trading on Monday, shares of the iShares— iBonds— Dec 2029 Term Treasury ETF (IBTJ) entered into oversold territory, changing hands as low as $21.5801 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..
