As opposed to overbought, oversold means that stock prices have decreased substantially. A stock can become undervalued as a result of a major sell-off. Another scenario is when large buyers take out stop orders before the subsequent repurchase at a better price. Traders and investors need to identify the reasons of such price decline in order to make an informed decision.
|TEFC Telefonica S.a.||9.44||-42.96%||-7.11||Sell||26.764K||—||—||—||—||—|