SCHB Crosses Critical Technical Indicator
March 23, 2020 at 11:01 AM EDT
In trading on Monday, shares of the SCHB ETF (SCHB) entered into oversold territory, changing hands as low as $52.25 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..