RSI Alert: DXC Technology (DXC) Now Oversold

ByMabel R. Acton

Jul 19, 2022 #3rd Wave Of Technology, #Active Mind Technology Steve Suda, #Adia Technology Limited, #Anxiety Caused By Technology, #Aum Technology Job Openings, #Best Books On Licensing Technology, #Best Us Companies Drivetrain Technology, #Boulder Creek Ca Technology Companies, #Bounce Box Technology, #Bridgerland Applied Technology College Cafeteria, #Cisco Technology News, #Comcast Comcast Technology Internship Program, #Complete Automated Technology, #Defence Technology News, #Definition Information Technology System, #Digital Technology, #Digital Technology Pdf, #Director, #Dxc Technology Malaysia Sdn Bhd, #Emerging Technology In Healthcare 2019, #Energy Efficient Home Technology, #Environmental Technology 2019, #Esl Information Technology Vocabulary, #Farming Technology Replacing People, #I.T. Information Technology, #Information Technology Residency Programs, #Issue With Holographic Counterfeiting Technology, #La Crosse Technology 9625 Manual, #La Crosse Technology C89201 Manual, #Lane Dedection Technology, #Long Quotes About Technology, #Micron Technology San Francisco, #Modern Steel Mill Technology, #Nc Lateral Entry Technology, #New Technology Replaces Wifi, #Russian Technology City, #Shenzhen Nearbyexpress Technology Development, #Stackoverflow Resume With Technology Interests, #State Agency For Technology, #Teacher Comfort With Technology Survey, #Technology Companies In Southwest Florida, #Technology Credit Union Address, #Technology In Mercedes Glc, #Technology Material Grant For College, #Technology Meibomian Lid, #Technology Production And Cost, #Treehouse Education Technology, #Western Technology Center Sayre Ok, #What Is Jet Intellagence Technology, #Why Women In Technology, #Will Technology Take Away Libraries

Legendary trader Warren Buffett advises to be fearful when other folks are greedy, and be greedy when other individuals are fearful. A person way we can check out to measure the level of dread in a offered inventory is via a specialized examination indicator referred to as the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A inventory is viewed as to be oversold if the RSI reading falls down below 30.

In trading on Thursday, shares of DXC Engineering Co (Symbol: DXC) entered into oversold territory, hitting an RSI reading through of 29.7, following changing hands as very low as $27.32 for every share. By comparison, the present-day RSI looking through of the S&P 500 ETF (SPY) is 38.9. A bullish trader could look at DXC’s 29.7 RSI examining nowadays as a sign that the modern weighty marketing is in the system of exhausting itself, and start to look for entry level possibilities on the buy facet. The chart down below shows the one calendar year performance of DXC shares:

DXC Technology Co 1 Year Performance Chart

Seeking at the chart higher than, DXC’s small place in its 52 week range is $27.28 for each share, with $44.18 as the 52 week large place — that compares with a previous trade of $27.64.

Discover out what 9 other oversold shares you require to know about »

The sights and opinions expressed herein are the views and thoughts of the creator and do not necessarily reflect those of Nasdaq, Inc.