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 Dec. 12, Deutsche Bank analyst Steve Powers upgraded PepsiCo from Hold to Buy and raised the price target from $179 to $184. The company's stock fell around 7% over the past month and has a 52-week low of $149.71.
• RSI Value: 26.8                          
• PEP Price Action: Shares of PepsiCo fell 0.8% to close at $151.72 on Monday.
• Benzinga Pro's real-time newsfeed alerted to latest PEP news.

• On Dec. 11, Mondelez International Board of Directors approved a new share repurchase program of up to $9 billion in Class A common stock, effective January 1, 2025, and lasting until December 31, 2027. This new authorization will replace the current $6 billion program, of which approximately $2.8 billion remains and would otherwise expire at the end of 2025. The company's stock fell around 9% over the past month and has a 52-week low of $58.90.
• RSI Value: 21.7
• MDLZ Price Action: Shares of Mondelez fell 1.1% to close at $59.56 on Monday.
• Benzinga Pro’s charting tool helped identify the trend in MDLZ stock.

• On Dec. 11, ADM extended its share repurchase program through 2029, authorizing an additional 100 million shares for a total of 300 million. The company's stock fell around 8% over the past month and has a 52-week low of $48.92.
• RSI Value: 28.6
• ADM Price Action: Shares of Archer-Daniels-Midland slipped 1% to close at $50.07 on Monday.
• Benzinga Pro’s signals feature notified of a potential breakout in ADM shares.