Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. 10 Oversold Stocks You Should Know About »In trading on Monday, shares of Colgate-Palmolive entered into oversold terri ...

Core Viewpoint - Gartner Inc. has experienced a significant decline in stock price, down nearly 60% from its all-time high in February, with a 27% drop occurring this month following its Q2 earnings report [1][2] Group 1: Current Stock Performance - Gartner's stock has shown signs of recovery after hitting lows, with a mini uptrend beginning to form, indicating potential for outsized returns for risk-tolerant investors [2] - The Relative Strength Index (RSI) for Gartner reached an extreme low of 11, indicating oversold conditions, which suggests that selling pressure may soon be exhausted [3][4] - The stock has bounced back approximately 10% from its lows, with a pattern of higher lows forming, which is characteristic of new uptrends [7] Group 2: Technical Indicators - The Moving Average Convergence Divergence (MACD) indicator has shown a bullish crossover, signaling a shift in momentum towards buyers [6][7] - A decisive break above the $250 level is seen as a critical point that could confirm the emerging uptrend and potentially accelerate the rally [11] Group 3: Analyst Sentiment - Despite the recent sell-off, several analysts maintain a bullish outlook on Gartner, with a 12-month price forecast averaging $369.25, representing a potential upside of 48.19% from the current price [9] - Notable firms like Barclays and Goldman Sachs have reiterated their positive ratings, with Goldman projecting a price target of $457, indicating a potential upside of approximately 85% [9]