From Nasdaq.: 2025-01-07 11:51:52

Legendary investor Warren Buffett advises investors to be cautious when others are overly optimistic and to seize opportunities when others are fearful. The Relative Strength Index (RSI) is a technical indicator that measures stock momentum from 0 to 100, with readings below 30 indicating oversold conditions. Kennametal Inc. (KMT) recently hit an RSI of 29.9, signaling potential buying opportunities. KMT’s 52-week range is $22.50 to $32.18, with the stock currently trading at $23.91.

In a recent trading session, KMT entered oversold territory with an RSI of 29.9, suggesting that selling pressure may be easing. Investors can use this signal as a potential entry point for buying opportunities.



Read more at Nasdaq.: Oversold Conditions For Kennametal (KMT)