Shares of EBND Now Oversold
August 13, 2018 at 15:50 PM EDT
In trading on Monday, shares of the SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) entered into oversold territory, changing hands as low as $26.01 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..