Infosys (INFY) Loses -9.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision. Infosys (INFY) has been on a downward spiral lately with significant selling pressure. After declining 9.6% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. How to Determine if a Stock is Ove ...