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KULR Technology Group (KULR) Loses -21.71% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
KULRKULR Technology (KULR) zacks.com·2024-05-20 14:36

KULR Technology Group, Inc. (KULR) has been on a downward spiral lately with significant selling pressure. After declining 21.7% 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. RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. The RSI reading of 27.58 ...