Warren Buffett’s investment strategy advises being fearful when others are greedy and vice versa. On Wednesday, shares of Tempus AI Inc (TEM) dropped into oversold territory with a Relative Strength Index (RSI) of 29.8, after trading as low as $52.02 per share. For context, the S&P 500 ETF (SPY) has an RSI of 51.6, indicating broader market strength.
Tempus AI’s 52-week performance shows a low point of $36.22 and a high of $104.32, with the last trade reported at $52.14. Investors may view the current RSI reading as a potential indicator of an impending price recovery amidst heavy selling.
