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.

• On Nov. 12, DHT Holdings reported quarterly earnings of 22 cents per share which beat the analyst consensus estimate of 19 cents per share. The company's stock fell around 6% over the past five days and has a 52-week low of $9.28.
• RSI Value: 28.36                        
• DHT Price Action: Shares of DHT fell 2.2% to close at $9.42 on Friday.
• Benzinga Pro's real-time newsfeed alerted to latest DHT news.

• On Nov. 27, Frontline posted mixed third-quarter results. Revenue rose 29.9% year-over-year to $490.4 million, surpassing the $361.42 million consensus. "The third quarter of 2024 performed in line with seasonal expectations, as oil demand slowed over the summer months and domestic demand by oil exporting countries in the Middle East increased. We continue to sail in a troubled geopolitical landscape and with lower year-on-year demand in Asia, and especially China, the tanker markets have yet to experience the seasonal upswing into winter. The increase in sanctioned oil trade and movement of illicit barrels have negatively impacted our trade environment," commented Lars H. Barstad, Chief Executive Officer of Frontline Management AS. The company's stock fell around 16% over the past five days and has a 52-week low of $16.10.
• RSI Value: 21.81
• FRO Price Action: Shares of Frontline fell 3.6% to close at $16.18 on Friday.
• Benzinga Pro’s charting tool helped identify the trend in FRO stock.

• On Nov. 8, Okeanis Eco Tankers reported quarterly earnings of 45 cents per share which beat the analyst consensus estimate of 9 cents per share. The company's stock fell around 13% over the past month and has a 52-week ow of $20.95.
• RSI Value: 27.27
• ECO Price Action: Shares of Okeanis Eco Tankers gained 0.5% to close at $22.18 on Friday.
• Benzinga Pro’s news feature alerted to latest ECO news.