Glacier Bancorp Hits Oversold Territory, RSI at 28.3

Glacier Bancorp Inc. (GBCI) entered oversold territory with an RSI reading of 28.3, after shares hit a low of $40.43. The S&P 500 ETF (SPY) RSI is 66.0. A bullish investor may see this as a sign of exhaustion in heavy selling and look for entry points on the buy side. The stock's 52-week range is $36.76 to $60.67, with a last trade of $40.67.