Relative Strength Alert For Nexxen International
From Nasdaq.: 2025-02-24 11:57:29
Legendary investor Warren Buffett advises investors to be fearful when others are greedy and greedy when others are fearful. One way to measure fear in a stock is through the Relative Strength Index (RSI), which ranges from 0 to 100. When the RSI falls below 30, a stock is considered oversold. Nexxen International Ltd (NEXN) hit an RSI of 29.7 on Monday, signaling potential buying opportunities as selling pressure may be easing. NEXN has a 52-week range of $4.71 to $11, currently trading at $8.34. Other oversold stocks to consider are highlighted in a report.
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