Moelis & Company Hits Oversold Territory with RSI at 28.5

Moelis & Company (MC) shows signs of being oversold with an RSI of 28.5, prompting potential buy opportunities. Investors may consider this level as an indicator of a possible market reversal.

Date: 04-03-2025

AI Rating: 6

Overview of Moelis & Company’s Stock Performance
Moelis & Company Class A (MC) has entered oversold territory with a Relative Strength Index (RSI) of 28.5. This indicates that the stock may have experienced heavy selling pressure. An RSI below 30 typically shows that a stock could be undervalued, potentially making it an attractive buy for bullish investors looking for entry points.

The stock's recent trading saw prices drop as low as $63.47, with a last recorded trade at $63.52. Compared to the S&P 500 ETF (SPY), which has an RSI of 32.8, MC’s lower RSI reading illustrates a greater level of selling pressure relative to the broader market.

52-Week Performance Metrics
Within the context of its annual performance, the stock hit a 52-week low at $46.24 and a high of $82.89, indicating significant price volatility. A low RSI reading of 28.5 suggests that the stock could be priced for recovery, which could attract investors looking for undervalued stocks.

Stocks: MC SPY