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 Feb. 7, Berry Global reported below-consensus first-quarter FY24 results and disclosed a deal for a tax-free spin-off and merger of Berry's Health. The company’s stock fell around 5% over the past five days and has a 52-week low of $53.83 .
• RSI Value: 29.47
• BERY Price Action: Shares of Berry Global fell 1.2% to close at $57.98 on Tuesday.

• On Feb. 5, Air Products and Chemicals reported worse-than-expected first-quarter financial results and lowered FY24 adjusted EPS guidance below estimates. unit. The company’s stock fell around 16% over the past month. It has a 52-week low of $212.24.
• RSI Value: 22.11
• APD Price Action: Shares of Air Products fell 2.2% to close at $217.61 on Tuesday.

• On Feb. 8, Axalta Coating posted downbeat fourth-quarter earnings. “We finished the year out strong and intend to build on this momentum in 2024,” said Chris Villavarayan, Axalta’s CEO and President. “2023 was a transformative year. We took decisive action to fully offset lingering inflationary headwinds and as a result achieved record sales and Adjusted EBITDA. We believe we are only just beginning to unlock the potential of this enterprise.” The company’s stock fell around 6% over the past five days and has a 52-week low of $25.03.
• RSI Value: 27.84
• AXTA Price Action: Shares of Axalta Coating fell 2.6% to close at $30.65 on Tuesday.