Shares of VCIT Now Oversold
February 01, 2018 at 15:58 PM EST
In trading on Thursday, shares of the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) entered into oversold territory, changing hands as low as $85.87 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..