Coinbase Global (COIN) is oversold with RSI at 28.9, potentially signaling a buying opportunity.

From Nasdaq Corporation

September 11, 2024 1:22:42 pm:

Legendary investor Warren Buffett advises investors to be fearful when others are greedy and greedy when others are fearful. Stock fear levels can be measured by the Relative Strength Index (RSI), with a reading below 30 indicating oversold conditions. Coinbase Global Inc (COIN) hit an RSI of 28.9, potentially signaling a buying opportunity.

COIN shares are currently oversold with an RSI of 28.9, reaching as low as $149.95 per share. In a year’s time, COIN’s shares ranged from $69.63 to $283.48, and are now trading at $153.84. The low RSI could point to the end of heavy selling, prompting potential buy opportunities.

Visit the link to discover 9 other oversold stocks worth considering for investment opportunities. Explore other resources like Dividend Bargains, top hedge funds, and shares outstanding history to make informed investment decisions.

Read more at Nasdaq: Coinbase Global Becomes Oversold (COIN)