Payoneer Global Reaches Oversold Conditions (PAYO)

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On Monday, shares of Payoneer Global Inc (Symbol: PAYO) hit an oversold level with a Relative Strength Index (RSI) reading of 29.6, trading as low as $5.69 per share. This compares to the S&P 500 ETF (SPY), which has an RSI of 51.0.

PAYO’s 52-week range shows a low of $5.69 and a high of $11.29, with the last trade recorded at $5.79.

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