In the case of Kodiak Gas Services Inc, the RSI reading has hit 26.7 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 38.6, the RSI of WTI Crude Oil is at 26.4, the RSI of Henry Hub Natural Gas is presently 56.0, and the 3-2-1 Crack Spread RSI is 63.3. A bullish investor could look at KGS's 26.7 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), KGS's low point in its 52 week range is $23.78 per share, with $50.43 as the 52 week high point — that compares with a last trade of $34.50. Kodiak Gas Services Inc shares are currently trading off about 14.9% on the day.
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Also see:
FMX Average Annual Return Delta Air Lines shares outstanding history
GTY Historical Stock Prices
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