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On Wednesday, September 27, 2023, shares of Blue Owl Capital Inc Class A (Symbol: OWL) reached an oversold status with a Relative Strength Index (RSI) of 29.8, indicating potential exhaustion of recent selling pressure. The stock traded as low as $17.64 per share, compared to the S&P 500 ETF (SPY) RSI of 53.7.
OWL’s current share price is $17.91, significantly below its 52-week high of $26.725 and above the low of $14.55. This performance data may suggest a buying opportunity for bullish investors.
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