In trading on Wednesday, shares of the Guggenheim BulletShares 2014 High Yield Corporate Bond ETF ( BSJE) entered into oversold territory, changing hands as low as $26.17 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 2014 High Yield Corporate Bond, the RSI reading has hit 29.7 — by comparison, the RSI reading for the S&P 500 is currently 49.4. A bullish investor could look at BSJE's 29.7 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), BSJE's low point in its 52 week range is $26.17 per share, with $26.83 as the 52 week high point — that compares with a last trade of $26.19. Guggenheim BulletShares 2014 High Yield Corporate Bond shares are currently trading trading flat on the day.