AES Corp Stock Hits Oversold Territory with Low RSI

Stock Alert: AES Corp has hit an RSI of 29.7, indicating it might be oversold. This could suggest a buying opportunity for bullish investors as heavy selling appears to be waning.

Date: 12-02-2025

AI Rating: 6

Technical Indicator Analysis
The report highlights that AES Corp's shares have entered oversold territory, indicated by an RSI of 29.7. This suggests that the stock has been experiencing significant selling pressure. The RSI scale indicates momentum, where a value below 30 typically signals an oversold condition, potentially presenting a buying opportunity for investors. Since the current RSI for the S&P 500 ETF is 50.8, AES's lower reading indicates a divergence in performance relative to broader market trends.

Price Analysis
AES's recent trading activity shows that the stock has reached a low of $10 per share, hitting its 52-week low point. The comparison to its 52-week high of $22.21 suggests a significant drop in value. A bullish investor may view the current situation as a point where the excessive selling could be concluding, offering an attractive entry point.

Stocks: AES