oversold

How to tell if a stock is oversold?

When a stock is described as “oversold,” it means that its price has declined significantly and is considered by some investors or analysts to be trading below its intrinsic value or its recent average levels. This term often suggests that the stock may be due for a rebound or recovery, as the recent decline might have been exaggerated. However, it’s important to remember that being oversold doesn’t guarantee that a stock will recover soon. It simply reflects a situation where …

Read MoreHow to tell if a stock is oversold?