Core Viewpoint - Warren Buffett's investment philosophy emphasizes being fearful when others are greedy and vice versa, suggesting that the Relative Strength Index (RSI) can be a useful tool to gauge market sentiment and identify potential buying opportunities [1] Company Summary - Kimbell Royalty Partners LP (Symbol: KRP) has recently entered oversold territory with an RSI reading of 29.8, indicating potential exhaustion of recent selling pressure [2] - The stock traded as low as $13.08 per share, with a 52-week low of $10.98 and a high of $16.99, suggesting a significant range for potential recovery [4] - In contrast, the S&P 500 ETF (SPY) has a current RSI reading of 67.8, highlighting a stark difference in market sentiment between KRP and the broader market [2]
Kimbell Royalty Partners Becomes Oversold (KRP)