Legendary investor Warren Buffett’s advice to be fearful when others are greedy and greedy when others are fearful is highlighted as shares of Paymentus Holdings Inc (symbol: PAY) entered oversold territory on Friday. The Relative Strength Index (RSI) for PAY dropped to 29.9, indicating significant selling pressure, with shares trading as low as $28.89.
In comparison, the S&P 500 ETF (SPY) holds a current RSI reading of 51.0. PAY’s 52-week range spans from a low of $22.65 to a high of $40.43, with the most recent trade at $29.30.
