Shares of MBB Now Oversold
Posted on November 13, 2012 at 16:00 PM EST
In trading on Tuesday, shares of the iShares Barclays MBS Bond Fund ETF (MBB) entered into oversold territory, changing hands as low as $108.17 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.