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.
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CHR. HANSEN HOLDING A/S
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529.40 | -0.71% | -3.80 | Sell | 605.803K | 69.745B | 39.82 | 13.39 | — | Health Technology |