UFP Technologies Faces Oversold Conditions (UFPT)

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On Monday, UFP Technologies Inc. (Symbol: UFPT) shares hit an oversold status with a Relative Strength Index (RSI) reading of 29.7, trading as low as $167.5901 per share. In contrast, the S&P 500 ETF (SPY) has an RSI of 50.4, indicating a significant disparity in market momentum.

UFP Technologies’ 52-week low is $80, while the 52-week high is $205.0825, with the last trade recorded at $168.71.

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