Invesco Global Short Term High Yield Bond (PGHY) Enters Oversold Territory

In trading on Monday, shares of the Invesco Global Short Term High Yield Bond ETF (PGHY) entered into oversold territory, changing hands as low as $21.20 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..