In trading on Thursday, shares of the Guggenheim BulletShares 2022 Corporate Bond ETF ( BSCM) entered into oversold territory, changing hands as low as $20.57 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 Guggenheim BulletShares 2022 Corporate Bond, the RSI reading has hit 28.8 — by comparison, the RSI reading for the S&P 500 is currently 70.8. A bullish investor could look at BSCM's 28.8 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), BSCM's low point in its 52 week range is $19.41 per share, with $21.09 as the 52 week high point — that compares with a last trade of $20.57. Guggenheim BulletShares 2022 Corporate Bond shares are currently trading off about 0.1% on the day.