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. 18, Evercore ISI Group analyst Chris McNally maintained Cerence with an In-Line rating and raised the price target from $6 to $9. The company's stock fell around 62% over the past month and has a 52-week low of $2.34.
• RSI Value: 29.2
• CRNC Price Action: Shares of Cerence fell 10.2% to close at $8.51 on Thursday.
• Edge Stock Ratings: 98.23 Momentum score with Value at 27.60.

• On March 27, TD SYNNEX reported its first-quarter results. Quarterly revenue of $14.53 billion, up 4.0% year over year, missed the analyst view of $14.79 billion. Patrick Zammit, CEO of TD SYNNEX, said, "The strength of our business model allowed us to grow ahead of the market in Q1. Our end-to-end strategy, global reach and specialist go to market approach continues to empower us to capture a wide range of IT spend." The company's stock fell around 22% over the past month and has a 52-week low of $98.00.
• RSI Value: 14.2
• SNX Price Action: Shares of TD Synnex dipped 14.3% to close at $107.54 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in SNX stock.

• On March 27, Marvell Technology announced, in collaboration with TeraHop, a global optical solutions provider for AI-driven data centers, the demonstration of end-to-end PCIe Gen 6 over optics at the Optical Networking and Communication Conference and Exposition (OFC) 2025. The demonstration will showcase the extension of PCIe beyond traditional electrical limits to enable low-latency, standards-based AI scale-up infrastructure.. The company's stock fell around 29% over the past month and has a 52-week low of $53.19.
• RSI Value: 29.4
• MRVL Price Action: Shares of Marvell Technology fell 2.9% to close at $64.86 on Thursday.
• Benzinga Pro’s signals feature notified of a potential breakout in MRVL shares.