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 Feb. 5, Impinj reported worse-than-expected fourth-quarter sales results and issued first-quarter revenue guidance below estimates. The company' stock fell around 27% over the past month and has a 52-week low of $97.77.
• RSI Value: 22.2                          
• PI Price Action: Shares of IMPINJ fell 2.2% to close at $105.38 on Friday.
• Benzinga Pro's real-time newsfeed alerted to latest PI news.

• On Jan. 28, Xerox reported worse-than-expected fourth-quarter adjusted EPS results.. The company's stock fell around 13% over the past month and has a 52-week low of $7.81.
• RSI Value: 29.3
• XRX Price Action: Shares of Xerox dipped 6.4% to close at $7.85 on Friday.
• Benzinga Pro’s charting tool helped identify the trend in XRX stock.

• Zebra Technologies will report its fourth quarter and full year 2024 financial results on Thursday, Feb. 13. The company's stock fell around 5% over the past five days and has a 52-week low of $243.48.
• RSI Value: 28.5
• ZBRA Price Action: Shares of Zebra fell 3.6% to close at $363.44 on Friday.
• Benzinga Pro’s signals feature notified of a potential breakout in ZBRA shares.