IBDU Crowded With Sellers
October 30, 2024 at 16:30 PM EDT
In trading on Wednesday, shares of the iShares— iBonds— Dec 2029 Term Corporate ETF (IBDU) entered into oversold territory, changing hands as low as $23.03 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..