SUPN News

Stocks

Headlines

Supernus Pharmaceuticals Stock Hits Oversold Territory

Fear in the market? Supernus Pharmaceuticals' RSI hits 28.1. Investors may see this as a potential buying opportunity as the heavy selling might be exhausting.

Date: 
AI Rating:   6

RSI Indicator Insight
According to the report, Supernus Pharmaceuticals Inc (SUPN) has reached an RSI of 28.1, indicating that the stock is considered oversold. This can be interpreted positively by bullish investors, suggesting that recent selling pressure may be winding down and creating a potential buying opportunity.

52 Week Range Analysis
Further examination shows that Supnus stocks have a 52-week low of $25.53 and a high of $40.28, with the last trade being at $31.05. This implies that the stock is currently positioned closer to its low end, which may excite investors looking for bargains.

Market Context
Comparing SUPN's RSI to the S&P 500 ETF (SPY) at 49.2, there is a significant difference in momentum indicators, reinforcing the potential oversold condition of SUPN. This context may attract investors looking to capitalize on what they perceive as low entry points.