Hartford Insurance Group (HIG) Faces Oversold Market Conditions

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On Monday, Hartford Insurance Group Inc (Symbol: HIG) shares recorded an oversold Relative Strength Index (RSI) of 29.8, indicating heavy selling pressure, with shares trading as low as $123.39. In contrast, the S&P 500 ETF (SPY) had an RSI of 60.3. This low RSI suggests potential buying opportunities as the selling may be nearing its end.

Over the past year, HIG’s stock has fluctuated between a low of $104.93 and a high of $135.17, with the last trade at $123.85.

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