Legendary investor Warren Buffett’s advice to be “fearful when others are greedy” is particularly relevant for UFP Technologies Inc. (Symbol: UFPT), which saw its Relative Strength Index (RSI) plunge to 29.9 on Friday, indicating it is in oversold territory. The company’s shares traded as low as $207.475, while the S&P 500 ETF (SPY) holds a current RSI of 46.1.
UFP Technologies recorded a 52-week range with a low of $178.26 and a high of $274.93, closing at $210.58 on the last trade.
