iShares Short Duration Bond Active Getting Very Oversold
November 01, 2024 at 11:39 AM EDT
In trading on Friday, shares of the iShares Short Duration Bond Active ETF (NEAR) entered into oversold territory, changing hands as low as $50.57 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..
