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. A stock is considered oversold if the RSI falls below 30. On Friday, Calumet Inc (CLMT) entered oversold territory with an RSI of 29.9, while the S&P 500 ETF (SPY) had an RSI of 55.1. This could signal a buying opportunity as selling pressure may be easing. CLMT’s 52-week range is $9.972 to $25.2899, with the last trade at $17.21.

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Read more at Nasdaq: Oversold Conditions For Calumet (CLMT)