Warren Buffett's Strategy: Infosys' RSI Indicates Oversold Status

Warren Buffett's advice rings true as shares of Infosys Ltd. show an oversold status with an RSI of 28.5. This could signal a buying opportunity for bullish investors as they contemplate potential entry points.

Date: 24-02-2025

AI Rating: 6

RSI Analysis of Infosys Ltd.: The report highlights that Infosys (Symbol: INFY) has entered oversold territory with an RSI reading of 28.5, indicating strong selling pressure may be exhausting. This can lead to a perception of a buying opportunity among investors searching for undervalued stocks.

The technical analysis suggests that when a stock's RSI is below 30, it is considered oversold. Given that INFY traded as low as $20.62, this signals a potential rebound as the market adjusts. A further comparison is made with the S&P 500 ETF (SPY), which carries a higher RSI of 45.3, hinting that INFY is underperforming relative to the broader market.

Moreover, looking into the 52-week performance, INFY's price fluctuates between a low of $16.04 and a high of $23.63, with the last trade observed at $20.77. This range offers investors a benchmark to determine the stock’s relative performance during bearish conditions.

Stocks: INFY