BCE Inc (Symbol: BCE) shares dropped to an RSI reading of 28.5 on Tuesday, indicating the stock has entered oversold territory. The shares traded as low as $23.80. In contrast, the S&P 500 ETF (SPY) had an RSI of 46.9. A reading below 30 often signals potential buying opportunities as heavy selling may be exhausting.
BCE’s 52-week price range shows a low of $20.28 and a high of $26.52, with the most recent trade at $23.83.
