iShares TIPS Bond (TIP) Enters Oversold Territory
October 29, 2024 at 11:10 AM EDT
In trading on Tuesday, shares of the iShares TIPS Bond ETF (TIP) entered into oversold territory, changing hands as low as $107.80 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..