The most oversold stocks in the consumer staples 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.

Origin Agritech Ltd. (NASDAQ:SEED)

• On Aug. 23, 2024, Origin Agritech named Mr. Weibin Yan as CEO. The company' stock fell around 20% over the past month and has a 52-week low of $1.37.
• RSI Value: 27                             
• SEED Price Action: Shares of Origin Agritech fell 2.2% to close at $1.78 on Thursday.
• Benzinga Pro's real-time newsfeed alerted to latest SEED news.

Safety Shot Inc (NASDAQ:SHOT)           

• On Jan. 8, Safety Shot and plant based beverages maker Yerbaé Brands Corp. (OTC:YERBF) finalized an agreement to merge. The deal aims to integrate Safety Shot's wellness products with Yerbaé's plant-based energy drinks, potentially accelerating market growth and enhancing both companies’ presence.. The company's stock fell around 17% over the past five days and has a 52-week low of $0.53.
• RSI Value: 28.7
• SHOT Price Action: Shares of Safety Shot fell 1% to close at $0.56 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in SHOT stock.

Heritage Distilling Holding Company Inc (NASDAQ:CASK)

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