Generac Holdings Hits Oversold Territory with RSI at 28.8

Generac Holdings enters oversold territory with an RSI of 28.8. Investors might see this as a buying opportunity. As Buffett suggests, be greedy when others are fearful.

Date: 04-02-2025

AI Rating: 7

RSI Analysis
Generac Holdings Inc (GNRC) has reached an RSI reading of 28.8, indicating it is considered oversold. An RSI below 30 typically suggests that a stock has been sold off excessively, potentially signaling a buying opportunity for investors looking for entry points. The comparison with the S&P 500 ETF (SPY), which has an RSI of 48.9, reinforces this sentiment. A bullish investor may interpret GNRC's condition as a sign that the current selling pressure is waning.

Price Performance
The stock traded as low as $143.2418, with a 52-week range indicating a low point of $108.89 and a high point of $195.94 per share. The last traded price was $145.02, which is closer to the lower end of its 52-week range. This may further suggest that there is potential for upward movement, given the recent overselling.

Stocks: GNRC