SPDR Barclays Long Term Treasury (TLO) Enters Oversold Territory
Posted on January 03, 2013 at 16:08 PM EST
In trading on Thursday, shares of the SPDR Barclays Long Term Treasury ETF (TLO) entered into oversold territory, changing hands as low as $68.64 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.