The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
Expand Energy Corp (NASDAQ:EXE)
- On July 15, Wells Fargo analyst Roger Read maintained Expand Energy with an Equal-Weight rating and lowered the price target from $121 to $120. The company’s stock fell around 19% over the past month …
Full story available on Benzinga.com
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
Expand Energy Corp (NASDAQ:EXE)
- On July 15, Wells Fargo analyst Roger Read maintained Expand Energy with an Equal-Weight rating and lowered the price target from $121 to $120. The company’s stock fell around 19% over the past month …
Full story available on Benzinga.com
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
Expand Energy Corp (NASDAQ:EXE)
On July 15, Wells Fargo analyst Roger Read maintained Expand Energy with an Equal-Weight rating and lowered the price target from $121 to $120. The company’s stock fell around 19% over the past month …Full story available on Benzinga.com Read MoreAR, EXE, Expert Ideas, Long Ideas, News, NXXT, Oversold Stocks, oversold stocks pro project, Pro Project, RSI, Pre-Market Outlook, Markets, Trading Ideas, AR, US0434131035, EXE, NXXT, Long Ideas, News, Pre-Market Outlook, Markets, Trading Ideas, Benzinga Markets
