iShares Barclays TIPS Bond Fund (TIP) Enters Oversold Territory
Posted on January 28, 2013 at 12:20 PM EST
In trading on Monday, shares of the iShares Barclays TIPS Bond Fund ETF (TIP) entered into oversold territory, changing hands as low as $120.35 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.