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On Friday, shares of Federated Hermes Inc (Symbol: FHI) reached an oversold status, with a Relative Strength Index (RSI) of 29.6, trading as low as $48.26 per share. This contrasts with the S&P 500 ETF (SPY), which has an RSI of 63.9, indicating significant selling pressure on FHI.
FHI’s 52-week trading range shows a low of $35.05 and a high of $54.42, with the last recorded trade at $48.15.
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