The most oversold stocks in the financial 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.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

First Republic Bank (NYSE:FRC)

Credit Suisse Group AG (NYSE:CS)

• UBS Group CEO Ralph Hamers reportedly said on Monday the Swiss lender views its government-orchestrated takeover of Credit Suisse as a growth opportunity. The company’s stock has a 52-week low of $0.82.
• RSI Value: 11.76
• CS Price Action: Shares of Credit Suisse gained 0.3% to close at $0.8635 on Monday.

First Foundation Inc. (NASDAQ:FFWM)

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY)

• Codorus Valley Bancorp, during January, reported a sharp rise in Q4 earnings. The company’s 52-week low is $18.66.
• RSI Value: 25.87
• CVLY Price Action: Shares of Codorus Valley Bancorp gained 0.2% to close at $21.04 on Monday.

AMTD IDEA Group (NYSE:AMTD)

• AMTD Idea Group recently announced successful completion of injection of global portfolio of premium real estate assets into AMTD Digital. The company has a 52-week low of $1.44.
• RSI Value: 27.33
• AMTD Price Action: Shares of AMTD IDEA fell 1.3% to close at $1.48 on Monday.

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