IMAX Becomes Oversold | Nasdaq

From Nasdaq: 2025-01-16 17:17:10

Legendary investor Warren Buffett advises investors to be fearful when others are greedy, and greedy when others are fearful. IMAX Corp. stock (IMAX) entered oversold territory with an RSI reading of 29.3, compared to the S&P 500 ETF’s reading of 51.4. This may indicate a buying opportunity as selling pressure eases. IMAX’s 52-week range is $13.20 to $26.84, with shares trading at $22.36. Check out other oversold stocks for potential investment opportunities. Remember, it’s important to do your own research before making investment decisions.



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