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.

• After the market close on Monday, IAC announced its board approved a plan to spin off its full stake in Angi to IAC shareholders. As part of the change, IAC CEO Joey Levin will leave his role and become an advisor to the company. Levin will also be named executive chairman of Angi. "Joey Levin has wanted a store of his own for some time and the spin-off of Angi affords him this opportunity. Although IAC will relinquish his services as CEO, we expect that he will continue to advise us for many years," said Barry Diller, senior executive and chairman of IAC. The company' stock fell around 7% over the past month and has a 52-week low of $39.61.
• RSI Value: 28.5                          
• IAC Price Action: Shares of IAC gained 0.4% to close at $41.65 on Tuesday.
• Benzinga Pro's real-time newsfeed alerted to latest IAC news.

• On Jan. 6, FuboTV, along with The Walt Disney Company (NYSE:DIS), finalized a definitive agreement to combine Disney's Hulu + Live TV with Fubo, forming a combined virtual MVPD company. The company's stock fell around 29% over the past five days and has a 52-week low of $1.10.
• RSI Value: 19.2
• FUBO Price Action: Shares of Fubotv fell 14.4% to close at $3.81 on Tuesday.
• Benzinga Pro’s charting tool helped identify the trend in FUBO stock.

• On Jan. 7, Getty Images and Shutterstock announced a $3.7 billion merger. The company's stock fell around 30% over the past five days and has a 52-week low of $2.06.
• RSI Value: 24
• GETY Price Action: Shares of Getty Images gained 5.7% to close at $2.58 on Tuesday.
• Benzinga Pro’s signals feature notified of a potential breakout in GETY shares.