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Markets Score 30 Bullish

Sprinklr (CXM) Enters Oversold Territory as Shares Approach Yearly Lows

Apr 23, 2026 20:35 UTC
CXM, SPY
Short term

Technical indicators suggest Sprinklr Inc. is currently oversold, potentially signaling a price floor. Traders are monitoring the stock for a reversal after it touched a 52-week low.

  • RSI reading of 29.5 indicates oversold conditions
  • Shares touched a 52-week low of $10.61
  • Last trade recorded at $10.71
  • 52-week high stands at $17.14
  • Significant RSI divergence compared to SPY (60.5)

Sprinklr Inc. (CXM) has entered oversold territory according to key technical indicators, with shares trading near their lowest levels of the past year. This shift suggests that the recent downward price action may be reaching a point of exhaustion. The Relative Strength Index (RSI), a momentum oscillator used to identify overbought or oversold conditions, has dropped to 29.5 for CXM. This stands in stark contrast to the broader market's performance, as the S&P 500 ETF (SPY) maintains a significantly higher RSI of 60.5, indicating a divergence between the stock and the general index. Price action shows that CXM recently touched a 52-week low of $10.61, with the most recent trade recorded at $10.71. This represents a substantial decline from the stock's 52-week high of $17.14. For bullish investors, the current RSI reading below 30 may be interpreted as a signal that the heavy selling pressure is subsiding. Traders are now looking for specific entry point opportunities on the buy side, anticipating a potential technical rebound from these support levels.

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