TriMas Corp Enters Oversold Territory, RSI Reading Falls Below 30

TriMas Corp (TRS) shares have entered oversold territory with an RSI reading of 27.5, after hitting a low of $33.36 per share. The stock's 52-week low is $19.33 and high is $40.30. A bullish investor may see this as a sign of exhaustion in the recent heavy selling and look for entry point opportunities on the buy side.