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Natera Inc Enters Oversold Territory as RSI Hits 29.4

Natera Inc shows signals of being oversold. With an RSI of 29.4, investors might see this as a buying opportunity. shares are trading significantly below their 52-week high of $183.

Date: 
AI Rating:   6

Natera Inc's Current Market Situation
On Monday, shares of Natera Inc (NTRA) recorded an RSI of 29.4, indicating that the stock is entering oversold territory. Such a low RSI reading can suggest that the selling pressure might be exhausting, potentially providing a buying opportunity for investors who consider market timing based on fear and greed. Notably, the S&P 500 ETF (SPY) has a higher RSI of 39.7, indicating relatively less selling pressure.

52-Week Performance
NTRA's 52-week performance range reveals a previous low of $83.13 and a recent high of $183. At the latest trading price of $143.11, the stock is more than 20% lower than its peak, which strongly highlights the recent market sentiment and the potential for recovery. Investing decisions can be influenced by these ranges, especially if an investor believes the stock will bounce back from the current oversold condition.