iShares iBonds Dec 2028 Term Treasury (IBTI) Enters Oversold Territory

In trading on Wednesday, shares of the iShares— iBonds— Dec 2028 Term Treasury ETF (IBTI) entered into oversold territory, changing hands as low as $22.06 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..