High Yield Muni Getting Very Oversold
May 23, 2023 at 15:50 PM EDT
In trading on Tuesday, shares of the High Yield Muni ETF (HYD) entered into oversold territory, changing hands as low as $50.2839 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..