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On Wednesday, H&R Block, Inc. (Symbol: HRB) shares reached an oversold status with a Relative Strength Index (RSI) reading of 29.3, indicating heightened selling pressure. The stock traded as low as $45.87 per share, while the S&P 500 ETF (SPY) currently stands at an RSI of 58.6.
H&R Block’s 52-week range shows a low of $45.87 and a high of $64.62, with the last trade recorded at $45.97. Investors may view the low RSI as a potential buying opportunity.
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