iShares Convertible Bond Getting Very Oversold
March 23, 2020 at 16:18 PM EDT
In trading on Monday, shares of the iShares Convertible Bond ETF (ICVT) entered into oversold territory, changing hands as low as $46.60 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..