Avient Enters Oversold Territory, RSI Reading Hits 29.95

Avient Corp (AVNT) has a high DividendRank and a Relative Strength Index (RSI) reading of 29.95, indicating oversold territory. Its recent annualized dividend of 1.1/share works out to an annual yield of 3.65% based on the recent $30.17 share price. Dividend investors may see this as a sign that the recent heavy selling is exhausting itself and look for entry points on the buy side.