Bgc Group Enters Oversold Territory with RSI at 27.6

Bgc Group Inc - Class A (BGC) shares entered oversold territory, with an RSI reading of 27.6, after hitting a low of $8.265 per share. A bullish investor could see this as a sign that the heavy selling is exhausting itself and look for entry points on the buy side. The 52-week range for BGC is $7.24 to $10.955, with a last trade of $8.31.