iShares iBonds Dec 2028 Term Muni Bond Getting Very Oversold
March 28, 2024 at 16:05 PM EDT
In trading on Thursday, shares of the iShares— iBonds— Dec 2028 Term Muni Bond ETF (IBMQ) entered into oversold territory, changing hands as low as $25.2619 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..
