“`html
On Friday, Skillsoft Corp (Symbol: SKIL) shares were noted to have entered oversold territory with a Relative Strength Index (RSI) reading of 28.4, after trading as low as $12.24 per share. In contrast, the S&P 500 ETF (SPY) had an RSI of 66.1, indicating a strong market sentiment.
SKIL’s share price has a 52-week range with a low of $12.24 and a high of $34.425, with the last trade recorded at $12.27. The current RSI suggests that the recent selling pressure may be nearing exhaustion, prompting potential bullish investor interest.
“`
