Top 5 Industrials Stocks That Could Blast Off This Quarter

The most oversold stocks in the industrials 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.

Dragonfly Energy Holdings Corp. DFLI

  • Dragonfly Energy Holdings recently priced 10 million shares at $2/share in an underwritten public offering. The company’s stock has a 52-week low of $1.38 .
  • RSI Value: 28.74
  • DFLI Price Action: Shares of Dragonfly Energy fell 2% to close at $1.47 on Wednesday.

AgEagle Aerial Systems, Inc. UAVS

  • AgEagle Aerial Systems recently priced its $4.2 million registered direct offering and concurrent private placement. It has a 52-week low of $0.22.
  • RSI Value: 24.08
  • UAVS Price Action: Shares of AgEagle Aerial Systems fell 1.6% to close at $0.2264 on Wednesday.

SOS Limited SOS

  • SOS Limited posted FY22 total revenue of $260.1 million, down 11.8% year over year. The company’s stock has a 52-week low of $2.5360.
  • RSI Value: 9.47
  • SOS Price Action: Shares of SOS gained 2.1% to close at $4.29 on Wednesday.

Nxu, Inc. NXU

  • Nxu expanded its Arizona presence with acquisition of HQ facility. Nxu’s CEO and Founder Mark Hanchett, commented, “Expanding our manufacturing capacity provides the Company with greater capabilities and efficiencies to meet the growing demand for our battery and energy storage solutions.” The company’s 52-week low is $0.4610.
  • RSI Value: 23.26
  • NXU Price Action: Shares of Nxu gained 6% to close at $0.5699 on Wednesday.

Wheels Up Experience Inc. UP

  • Wheels Up Experience recently issued a statement following speculative public reports suggesting it has retained new strategic advisors. The company has a 52-week low of $0.98.
  • RSI Value: 23.15
  • UP Price Action: Shares of Wheels Up Experience gained 6.5% to close at $1.31 on Wednesday.


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