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RSI Alert: Trustmark (TRMK) Oversold

Legendary investor Warren Buffett advises to be fearful when others are greedy and greedy when others are fearful. One way to measure the level of fear of a particular stock is to use a technical analysis indicator called the Relative Strength Index (RSI), which measures momentum on a scale of 0 to 100. The RSI reading has fallen below 30.

In Monday’s trading, shares of Trustmark Corp (symbol: TRMK) entered oversold territory, dropping to $24.96 per share before reaching an RSI reading of 29.6. By comparison, the S&P 500 ETF (SPY) currently has an RSI value of 37.7. Bullish investors can take today’s TRMK reading of 29.6 RSI as a sign that the recent massive sell-off is running out and start looking for entry point opportunities on the buy side. The chart below shows his one-year performance of the TRMK stock.


Looking at the chart above, TRMK has a 52-week range low of $24.96 per share and a 52-week high of $38.47 per share.

Find out 9 other oversold stocks you need to know »

See also

ENB Option Chain

HIMX Market Cap History

Fund holding IPSC

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

Summarize this content to 100 words

Legendary investor Warren Buffett advises to be fearful when others are greedy and greedy when others are fearful. One way to measure the level of fear of a particular stock is to use a technical analysis indicator called the Relative Strength Index (RSI), which measures momentum on a scale of 0 to 100. The RSI reading has fallen below 30.

In Monday’s trading, shares of Trustmark Corp (symbol: TRMK) entered oversold territory, dropping to $24.96 per share before reaching an RSI reading of 29.6. By comparison, the S&P 500 ETF (SPY) currently has an RSI value of 37.7. Bullish investors can take today’s TRMK reading of 29.6 RSI as a sign that the recent massive sell-off is running out and start looking for entry point opportunities on the buy side. The chart below shows his one-year performance of the TRMK stock.

Looking at the chart above, TRMK has a 52-week range low of $24.96 per share and a 52-week high of $38.47 per share.

Find out 9 other oversold stocks you need to know »

See also
• ENB Option Chain

• HIMX Market Cap History

• Fund holding IPSCThe views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.

https://www.nasdaq.com/articles/rsi-alert:-trustmark-trmk-now-oversold RSI Alert: Trustmark (TRMK) Oversold

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