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 April 7, Barclays analyst Eddie Kim maintained Noble Corp with an Overweight rating and lowered the price target from $39 to $29. The company's stock fell around 19% over the past five days and has a 52-week low of $17.40.
• RSI Value: 29.2
• NE Price Action: Shares of Noble gained 5.4% to close at $19.41 on Monday.
• Edge Stock Ratings: 8.25 Momentum score with Value at 93.03.

• On March 19, Citigroup analyst Scott Gruber maintained Seadrill with a Buy rating and lowered the price target from $46 to $35. The company's stock fell around 20% over the past month and has a 52-week low of $18.25.
• RSI Value: 27.3
• SDRL Price Action: Shares of Seadrill gained 4.4% to close at $20.08 on Monday.
• Benzinga Pro’s charting tool helped identify the trend in SDRL stock.

• On March 27, Morgan Stanley analyst Daniel Kutz maintained Nabors Industries with an Overweight rating and lowered the price target from $115 to $75. The company's stock fell around 28% over the past five days and has a 52-week low of $26.23.
• RSI Value: 25.8
• NBR Price Action: Shares of Nabors Industries gained 3.1% to close at $29.86 on Monday.
• Benzinga Pro’s signals feature notified of a potential breakout in NBR shares.