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Integer Holdings Hits Oversold Status with RSI at 28.3

Integer Holdings Corp shares enter oversold territory with an RSI of 28.3. Investors may view this as a buying opportunity following excessive selling pressure.

Date: 
AI Rating:   6

Stock Analysis of Integer Holdings Corp (ITGR)

According to the report, Integer Holdings Corp's stock has reached an RSI reading of 28.3, indicating that the stock is currently oversold. A falling RSI below 30 typically suggests that the stock is experiencing heightened selling pressure.

Also highlighted is that the 52-week low for ITGR is $107.11, while its high point is $146.36, with the latest trade price at $114.82. This information signifies that there has been notable volatility over the past year, and at the current price, the stock is closer to its lower range.

The report suggests that the low RSI could signal an opportunity for bullish investors to consider buying shares, particularly if they believe that the recent trend of heavy selling is nearing its end.

No specific data regarding Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow (FCF), or Return on Equity (ROE) was included in the text. Therefore, the analysis remains focused on the technical aspect related to the RSI and recent price movements.