Top 3 Industrials Stocks That Are Set To Fly This Quarter

Loading...
Loading...

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, according to Benzinga Pro.

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

Expion360 Inc. XPON

  • On March 28, Expion360 reported worse-than-expected fourth-quarter financial results. "The fourth quarter and full year 2023 was highlighted by continued momentum for our existing product line, new product development and launches, and additional operating liquidity,” said Brian Schaffner, Chief Executive Officer of Expion360. The company’s stock fell around 37% over the past month and has a 52-week low of $1.97 .
  • RSI Value: 27.29
  • XPON Price Action: Shares of Expion360 gained 3.5% to close at $2.09 on Thursday.

Applied UV, Inc. AUVI

  • On April 12, Barclays analyst Luke Sergott maintained Agilent Technologies with an Underweight and raised the price target from $125 to $135. The company’s stock fell around 59% over the past month. It has a 52-week low of $0.71.
  • RSI Value: 24.30
  • AUVI Price Action: Shares of Applied UV gained 4.1% to close at $0.76 on Thursday.

The Boeing Company BA

  • On April 11, B of A Securities analyst Ronald Epstein maintained with a Neutral and lowered the price target from $210 to $190. The company’s stock fell around 6% over the past five days and has a 52-week low of $171.38.
  • RSI Value: 27.81
  • BA Price Action: Shares of Boeing fell 0.7% to close at $173.36 on Thursday.

 

Read More: Citigroup, JPMorgan And 3 Stocks To Watch Heading Into Friday

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Long IdeasNewsPenny StocksPre-Market OutlookMarketsTrading IdeasExpert IdeasIndustrials StocksOversold StocksRSI
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...