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 Dec. 1, WeTrade Group said it found an expenditure of $2 million inconsistent with the 2022 annual report from conducted internal investigation. The company’s stock fell around 4% over the past five days. It has a 52-week low of $0.0330.
• RSI Value: 29.70
• WETG Price Action: Shares of WeTrade Group fell 1.1% to close at $3.48 on Wednesday.

• On Nov. 21, Kingsoft Cloud Holdings reported a third-quarter FY23 revenue of $222.754 million, missing the consensus of $244.77 million. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, "We expect to deepen our strategic planning and engagement with Xiaomi and Kingsoft in their comprehensive AI cloud demand to capture market opportunities, maintain the healthy trajectory of continued profitability improvement, and generate value for our shareholders." The company’s stock fell around 28% over the past month and has a 52-week low of $2.52.
• RSI Value: 27.89
• KC Price Action: Shares of Kingsoft Cloud Holdings fell 1.1% to close at $2.70 on Wednesday.