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On Thursday, shares of Berkley Corp (Symbol: WRB) experienced significant selling pressure, reaching an oversold level with a Relative Strength Index (RSI) of 29.8, trading as low as $70.57 per share. In comparison, the S&P 500 ETF (SPY) has an RSI of 58.2.
WRB’s current trading price of $70.87 falls within a 52-week range, with a low of $55.97 and a high of $78.96. Investors may see the low RSI as a potential opportunity for entry into the stock.
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