Market Analysis: GeneDx Holdings (WGS) Experiences Oversold Conditions

Legendary investor Warren Buffett’s philosophy of being fearful when others are greedy and vice versa is illustrated through GeneDx Holdings Corp (Symbol: WGS), which recently entered oversold territory. On Friday, WGS recorded a Relative Strength Index (RSI) of 29.3 after trading as low as $63.475 per share, compared to the S&P 500 ETF (SPY), which has an RSI of 65.3. The low point for WGS shares in the past year is $24.91, while the 52-week high is $117.75, with the last trade at $65.15.