iShares 10+ Year Credit Bond Fund (CLY) Enters Oversold Territory

In trading on Wednesday, shares of the iShares 10+ Year Credit Bond Fund ETF (CLY) entered into oversold territory, changing hands as low as $60.27 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.