Legendary investor Warren Buffett advises to be fearful when others are greedy and greedy when others are fearful. On Monday, shares of Mattel Inc (Symbol: MAT) hit an oversold level with a Relative Strength Index (RSI) reading of 28.5, following trades as low as $12.915 per share. The current RSI of the S&P 500 ETF (SPY) stands at 58.5.
MAT’s performance over the past year shows a 52-week low of $12.915 and a high of $22.48, with the last trade reported at $13.04.
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