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On Thursday, shares of Marathon Digital Holdings Inc (MARA) entered oversold territory with a Relative Strength Index (RSI) of 29.5, trading as low as $13.47 per share. This is notable compared to the S&P 500 ETF’s (SPY) current RSI of 50.2. Investors may see the low RSI as a potential buying opportunity due to the recent heavy selling.
MARA’s share price has a 52-week low of $9.81 and a high of $30.28, with the last trade recorded at $13.56.
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