Warren Buffett’s investment strategy highlights the importance of market sentiment. On Wednesday, shares of Nebius Group NV (Symbol: NBIS) fell into oversold territory, recording a Relative Strength Index (RSI) of 28.3, indicating a potential buying opportunity as heavy selling may be nearing exhaustion. In comparison, the S&P 500 ETF (SPY) has an RSI of 43.4.
At their lowest, NBIS shares traded at $75.6901, with a recent closing price of $76.18. Over the past year, the stock’s price has fluctuated significantly, with a 52-week low of $18.31 and a high of $141.10.
