Calix Experiences Overselling Pressure

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On Thursday, shares of Calix Inc (Symbol: CALX) recorded an oversold Relative Strength Index (RSI) of 29.5, indicating heavy selling pressure as the price hit a low of $53.48 per share. In comparison, the S&P 500 ETF (SPY) had a higher RSI of 35.7. The 52-week range for CALX shares spans from a low of $28.605 to a high of $71.22, with the last trade reflecting a price of $53.34.

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