Vanguard [profile] Intermediate-Term Corporate Bond ETF has become oversold now, trading as low as $85.05 per share, Forbes contributor ETFChannel wrote.
Oversold territory is defined by the Relative Strength Index, or RSI, which measures momentum from zero to 100. Vanguard's corporate bond hit 29.1, just under the 30 mark. The RSI reading for the S&P 500 is 56.9.
The ETF shares are trading down 0.3 percent on the day.  

Edited by: Casey Quinlan


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