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 Oct. 31, Compass Pathways announced it pushed its topline data readout from its COMP005 Phase 3 trial to Q2 2025 and its COMP006 data will be announced after the 26-week time point. The company's stock fell around 26% over the past five days and has a 52-week low of $4.05.
• RSI Value: 23.17                        
• CMPS Price Action: Shares of Compass Pathways fell 1.5% to close at $4.68 on Monday.
• Benzinga Pro's real-time newsfeed alerted to latest CMPS news.

• Sight Sciences will report financial results for the third quarter ended Sept. 30, after the market close on Thursday, Nov. 7. The company's stock fell around 18% over the past month and has a 52-week low of $1.58.
• RSI Value: 27.02
• SGHT Price Action: Shares of Sight Sciences fell 10.6% to close at $4.66 on Monday.
• Benzinga Pro’s charting tool helped identify the trend in SGHT stock.

• PACS Group shares fell sharply on Monday, following the publication of an explosive short report by activist short seller Hindenburg Research. The company's stock fell around 25% over the past five days and has a 52-week low of $22.30.
• RSI Value: 13.66
• PACS Price Action: Shares of PACS Group fell 27.8% to close at $31.01 on Monday.
• Benzinga Pro’s signals feature notified of a potential breakout in PACS shares.