Capital Group Core Bond Getting Very Oversold
December 24, 2024 at 11:09 AM EST
In trading on Tuesday, shares of the Capital Group Core Bond ETF (CGCB) entered into oversold territory, changing hands as low as $25.64 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..
