IBTM Crosses Critical Technical Indicator
October 09, 2024 at 16:18 PM EDT
In trading on Wednesday, shares of the iShares— iBonds— Dec 2032 Term Treasury ETF (IBTM) entered into oversold territory, changing hands as low as $22.9501 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..