Foot Locker Enters Oversold Territory with RSI at 29.6

Foot Locker, Inc. (FL) shows signs of overselling as its RSI dips to 29.6. Investors may find potential buying opportunities as heavy selling appears to exhaust.

Date: 07-02-2025

AI Rating: 6

Relative Strength Index (RSI)
Foot Locker, Inc. has experienced a notable drop in its stock price, reaching an RSI of 29.6, indicating that it is in oversold territory. This could signal that the stock is undervalued at its current price of $18.27, especially considering its 52-week high of $35.60. Investors who follow technical analysis might see this as an opportunity for buying, anticipating that the heavy selling may soon come to an end.

Current Stock Performance
The low point for FL in the last year is $18.12, suggesting that the stock is currently trading very near its historic lows. Such positioning can generate interest from potential buyers looking for a rebound as the market adjusts to the perceived overselling.

Currently, the S&P 500 ETF has an RSI of 55.8, indicating a stark contrast to FL's situation. The significant gap between their RSIs further underlines FL's challenging position in the market, but it also suggests room for potential upside if the stock garners interest due to its oversold condition.

Stocks: FL