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On Friday, Pitney Bowes Inc (Symbol: PBI) shares hit an oversold status with a Relative Strength Index (RSI) reading of 29.9, trading as low as $9.85 per share. This is significantly lower compared to the S&P 500 ETF (SPY), which has an RSI of 63.0. Investors might view this low RSI as a potential buying opportunity.
PBI’s 52-week trading range shows a low of $6.88 and a high of $13.11, with the last trade recorded at $9.88.
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