On Wednesday, shares of AerCap Holdings NV (Symbol: AER) reached an oversold status with a Relative Strength Index (RSI) of 27.9, indicating high selling pressure. The stock traded as low as $107.72 per share but closed at $108.37. In contrast, the RSI for the S&P 500 ETF (SPY) is significantly higher at 71.1.
AER’s 52-week trading range has seen a low of $82.21 and a high of $118.07, suggesting potential buy opportunities given the current market conditions.
