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 Nov. 13, Nxu posted a third-quarter loss of 22 cents per share. “We successfully launched our Nxu One Megawatt+ Charging System in the third quarter, delivering the superior, powerful EV charging experience customers want and need. This was a pivotal quarter for us, transitioning from a development company to a revenue-generating company offering innovative products in pursuit of an electrified future,” said Nxu Founder, Chairman and CEO Mark Hanchett. The company’s stock fell around 30% over the past month and has a 52-week low of $0.0180 .
• RSI Value: 26.36
• NXU Price Action: Shares of Nxu gained 2.9% to close at $0.0211 on Friday.

• On Oct. 3, Nauticus Robotics disclosed a deal to acquire 3D at Depth, Inc. for about $34 million in stock, before certain purchase price adjustments and the assumption of debt of around $4.1 million. The company’s stock fell more than 33% over the past five days. It has a 52-week low of $1.02.
• RSI Value: 24.32
• KITT Price Action: Shares of Nauticus Robotics fell 18.5% to close at $1.10 on Friday.

• On Nov. 27, Fathom Digital Manufacturing received non-binding acquisition proposal from CORE Industrial Partners, to acquire all of the company’s shares of Class A and B common stock that they do not already own for $4.50 per share in cash. The company’s stock fell more than 18% over the past month and has a 52-week low of $2.9930.
• RSI Value: 25.70
• FATH Price Action: Shares of Fathom Digital Manufacturing rose slightly to close at $4.3501 on Friday.