Papa John's International Enters Oversold Territory with RSI Reading of 27.0

Papa John's International (PZZA) has entered oversold territory with an RSI reading of 27.0, following a low of $34.23 per share. A bullish investor could see this as a sign of exhaustion in the recent heavy selling and look for entry points on the buy side. The stock's 52-week range is $30.16 to $55.74, with a last trade of $34.32.