AMG Stock Hits Oversold Territory; Time to Buy?

Oversold conditions for AMG. As the stock's RSI dips to 26.5, bullish investors might find buying opportunities, indicating a potential price correction ahead.

Date: 12-02-2025

AI Rating: 6

Oversold Indicator and Potential Buy Signal

The report highlights that shares of Affiliated Managers Group Inc. (AMG) have entered an oversold territory with an RSI reading of 26.5. The RSI is a momentum indicator that can suggest when a stock might be undervalued, providing an opportunity for investors who believe a rebound is on the horizon.

With the stock trading as low as $168.375 per share, below its 52-week high of $199.52, it could represent a favorable buying opportunity for those looking for a recovery in stock prices. This reading compares with the S&P 500 ETF (SPY) which has an RSI of 48.3, indicating that AMG is considerably weaker in momentum against the broader market.

Investors leveraging technical analysis may view this as a time to consider accumulating shares if they believe the selling pressure is subsiding. The indicator suggests that the stock has likely been oversold, which historically can lead to a price correction in the opposite direction.

Stocks: AMG SPY