GTO Crowded With Sellers
Technical Analysis Channel Staff - Thursday, February 25, 4:00 PM

In trading on Thursday, shares of the Invesco Total Return Bond ETF (GTO) entered into oversold territory, changing hands as low as $55.97 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. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of Invesco Total Return Bond, the RSI reading has hit 26.9 — by comparison, the RSI reading for the S&P 500 is currently 44.4.

A bullish investor could look at GTO's 26.9 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

Looking at a chart of one year performance (below), GTO's low point in its 52 week range is $48.29 per share, with $59.79 as the 52 week high point — that compares with a last trade of $56.20. Invesco Total Return Bond shares are currently trading down about 0.8% on the day.

---

Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter

WVE Crosses Below Key Moving Average Level
20 hours, 24 minutes ago

Notable Two Hundred Day Moving Average Cross - SUPN
20 hours, 29 minutes ago

Paychex Breaks Below 200-Day Moving Average - Notable for PAYX
20 hours, 31 minutes ago

TER Makes Notable Cross Below Critical Moving Average
20 hours, 32 minutes ago

ACA Makes Notable Cross Below Critical Moving Average
20 hours, 46 minutes ago

Notable Two Hundred Day Moving Average Cross - ALC
20 hours, 46 minutes ago

BAK Makes Notable Cross Below Critical Moving Average
20 hours, 47 minutes ago

SEACOR Marine Holdings (SMHI) Shares Cross Below 200 DMA
20 hours, 49 minutes ago

INN Crosses Below Key Moving Average Level
20 hours, 58 minutes ago

Brunswick (BC) Shares Cross Below 200 DMA
20 hours, 58 minutes ago

PEB Crosses Below Key Moving Average Level
20 hours, 58 minutes ago

FXH Crosses Below Key Moving Average Level
20 hours, 59 minutes ago

UAN Crosses Below Key Moving Average Level
20 hours, 59 minutes ago

APRW Enters Oversold Territor
21 hours ago

WTAI Crosses Below Key Moving Average Level
21 hours ago

SouthState Breaks Below 200-Day Moving Average - Notable for SSB
21 hours, 1 minute ago

BKMC Crowded With Sellers
21 hours, 1 minute ago

QQQJ Crowded With Sellers
21 hours, 1 minute ago

Shares of FDLO Now Oversold
21 hours, 1 minute ago

HACK Crosses Critical Technical Indicator
21 hours, 1 minute ago

RBC Crosses Below Key Moving Average Level
21 hours, 1 minute ago

KOMP Crowded With Sellers
21 hours, 4 minutes ago

Shares of ISCG Now Oversold
21 hours, 4 minutes ago

ROUS Getting Very Oversold
21 hours, 4 minutes ago

VBK Crosses Critical Technical Indicator
21 hours, 4 minutes ago

Shares of FTCS Now Oversold
21 hours, 5 minutes ago

Shares of CIBR Now Oversold
21 hours, 5 minutes ago

ANGL Crowded With Sellers
21 hours, 5 minutes ago

DMXF Crosses Critical Technical Indicator
21 hours, 5 minutes ago

NXTG Crowded With Sellers
21 hours, 5 minutes ago

CWB Crowded With Sellers
21 hours, 7 minutes ago

International Paper (IP) Shares Cross Below 200 DMA
21 hours, 12 minutes ago

Notable Two Hundred Day Moving Average Cross - HAL
21 hours, 14 minutes ago

Notable Two Hundred Day Moving Average Cross - MTL.CA
21 hours, 15 minutes ago

Oil Services Breaks Below 200-Day Moving Average - Notable for OIH
21 hours, 24 minutes ago

Bullish Two Hundred Day Moving Average Cross - ASTL
Wednesday, April 17, 11:44 AM

AHCO Makes Notable Cross Below Critical Moving Average
Wednesday, April 17, 11:39 AM

UAL Crosses Above Key Moving Average Level
Wednesday, April 17, 11:38 AM

Notable Two Hundred Day Moving Average Cross - TENB
Wednesday, April 17, 11:38 AM

Notable Two Hundred Day Moving Average Cross - URBN
Wednesday, April 17, 11:21 AM

ADSK Crosses Below Key Moving Average Level
Wednesday, April 17, 11:20 AM

ZUO Makes Bullish Cross Above Critical Moving Average
Wednesday, April 17, 11:11 AM

DFGR Enters Oversold Territory
Wednesday, April 17, 11:09 AM

Shares of DFAR Now Oversold
Wednesday, April 17, 11:09 AM

AVRE Crowded With Sellers
Wednesday, April 17, 11:09 AM

ResMed Breaks Below 200-Day Moving Average - Notable for RMD
Wednesday, April 17, 11:09 AM

Shares of VNQ Now Oversold
Wednesday, April 17, 11:09 AM

Shares of SCHH Now Oversold
Wednesday, April 17, 11:09 AM

Fabrinet (FN) Shares Cross Below 200 DMA
Wednesday, April 17, 11:09 AM

BOTZ Crosses Critical Technical Indicator
Wednesday, April 17, 11:06 AM

Video Gaming and eSports Getting Very Oversold
Wednesday, April 17, 11:06 AM

iShares MSCI EAFE Growth Getting Very Oversold
Wednesday, April 17, 11:06 AM

Shares of WTAI Now Oversold
Wednesday, April 17, 11:06 AM

XT Crosses Critical Technical Indicator
Wednesday, April 17, 11:06 AM

iShares MSCI South Korea (EWY) Enters Oversold Territory
Wednesday, April 17, 11:05 AM

AIR Makes Bullish Cross Above Critical Moving Average
Wednesday, April 17, 10:57 AM

Notable Two Hundred Day Moving Average Cross - IFN
Wednesday, April 17, 10:55 AM

ABT Makes Notable Cross Below Critical Moving Average
Wednesday, April 17, 10:54 AM

ITOS Crosses Below Key Moving Average Level
Tuesday, April 16, 4:40 PM

Notable Two Hundred Day Moving Average Cross - HYLS
Tuesday, April 16, 4:22 PM

BTU Crosses Above Key Moving Average Level
Tuesday, April 16, 4:22 PM

First Capital Real Estate Investment Trust Breaks Below 200-Day Moving Average - Notable for FCR.UN.CA
Tuesday, April 16, 4:19 PM

Notable Two Hundred Day Moving Average Cross - D
Tuesday, April 16, 4:19 PM

PPL Shares Cross Below 200 DMA
Tuesday, April 16, 4:18 PM

Shares of DRQ Now Oversold
Tuesday, April 16, 4:18 PM

IMAX Breaks Above 200-Day Moving Average - Bullish for IMAX
Tuesday, April 16, 4:17 PM

HYDW Crosses Critical Technical Indicator
Tuesday, April 16, 4:17 PM

Shares of VRP Now Oversold
Tuesday, April 16, 4:17 PM

JNK Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 4:17 PM

Corning Breaks Below 200-Day Moving Average - Notable for GLW
Tuesday, April 16, 4:17 PM

CSTL Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 2:20 PM

DuPont Breaks Below 200-Day Moving Average - Notable for DD
Tuesday, April 16, 2:19 PM

FHTX Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 2:17 PM

Nextracker Breaks Below 200-Day Moving Average - Notable for NXT
Tuesday, April 16, 2:16 PM

Trump Media & Technology Group (DJT) Shares Cross Below 200 DMA
Tuesday, April 16, 2:16 PM

SPT Makes Notable Cross Below Critical Moving Average
Tuesday, April 16, 1:59 PM

DFCF Enters Oversold Territory
Tuesday, April 16, 1:59 PM

Ford Motor Breaks Below 200-Day Moving Average - Notable for F
Tuesday, April 16, 1:59 PM

Baxter International Breaks Below 200-Day Moving Average - Notable for BAX
Tuesday, April 16, 1:59 PM

WMG Crosses Below Key Moving Average Level
Tuesday, April 16, 1:58 PM

SPDR S&P Global Infrastructure Breaks Below 200-Day Moving Average - Notable for GII
Tuesday, April 16, 1:50 PM

SITE Centers (SITC) Shares Cross Below 200 DMA
Tuesday, April 16, 1:49 PM

First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) Shares Cross Below 200 DMA
Tuesday, April 16, 1:49 PM

HAUZ Breaks Below 200-Day Moving Average - Notable for HAUZ
Tuesday, April 16, 1:49 PM

NFRA Breaks Below 200-Day Moving Average - Notable for NFRA
Tuesday, April 16, 1:47 PM