Microsoft’s stock has plummeted in 12 of the past 14 trading sessions, signaling an intense selling frenzy. The Relative Strength Index (RSI) has fallen to 22.26, its lowest level since August 2015. This indicates that investors are losing confidence in the company’s approach to Artificial Intelligence (AI). As a result, Microsoft is struggling to regain momentum and is “losing the AI narrative”.
Source: https://www.marketwatch.com/story/microsofts-stock-hasnt-been-this-oversold-in-a-decade-with-the-tech-giant-really-losing-the-ai-narrative-5d986b1f