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On Friday, ePlus Inc (Symbol: PLUS) shares entered oversold territory with a Relative Strength Index (RSI) reading of 29.9, after trading as low as $62.225 per share. This position is notable as an RSI below 30 typically indicates heavy selling may be exhausting. In contrast, the current RSI for the S&P 500 ETF (SPY) stands at 48.6.
ePlus’s 52-week range shows a low of $53.83 and a high of $102.985, with the last trade recorded at $62.28.
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