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 Aug. 6, the company posted upbeat quarterly earnings. The company's stock fell around 13% over the past month and has a 52-week low of $8.76.
• RSI Value: 25.60
• ARI Price Action: Shares of Apollo Commercial Real Estate Finance fell 0.13 to close at $8.89 on Friday.
• Benzinga Pro's real-time newsfeed alerted to latest ARI news.

• On Sept. 16, Piper Sandler analyst Crispin Love maintained Ready Capital with a Neutral and lowered the price target from $9.5 to $8.. The company's stock fell around 7% over the past month. It has a 52-week low of $7.23.
• RSI Value: 29.84
• RC Price Action: Shares of Ready Capital fell 1% to close at $7.31 on Friday.
• Benzinga Pro’s charting tool helped identify the trend in RC stock.

• On Aug. 6, Ellington Financial posted weaker-than-expected quarterly results. “Driven by broad-based contributions from our diversified credit and Agency portfolios, as well as from our reverse mortgage platform Longbridge, Ellington Financial generated a non-annualized economic return of 4.5% for the second quarter, and grew adjusted distributable earnings and book value per share sequentially,” said Laurence Penn, Chief Executive Officer and President. The company's shares fell around 5% over the past month and has a 52-week low of $10.88.
• RSI Value: 29.38
• EFC Price Action: Shares of Ellington Financial fell 0.3% to close at $12.46 on Friday.
• Benzinga Pro’s signals feature notified of a potential breakout in EFC shares.