On Tuesday, shares of AAON, Inc. (Symbol: AAON) fell into oversold territory, recording a Relative Strength Index (RSI) of 29.1, while trading as low as $78.12 per share. In contrast, the S&P 500 ETF (SPY) has a significantly higher RSI of 72.9. This dramatic divergence suggests that the heavy selling for AAON may be nearing exhaustion, presenting potential buying opportunities for investors.
AAON’s stock has seen considerable fluctuations over the past year, with its 52-week low at $68.98 and a high of $144.065. As of the latest trade, shares are valued at $78.57.
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