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. 6, 2024, AMC announced a sales agreement for up to 50 million class A shares of common stock. The company' stock fell around 19% over the past month and has a 52-week low of $2.38.
• RSI Value: 28.3                          
• AMC Price Action: Shares of AMC fell 2.7% to close at $3.21 on Wednesday.
• Benzinga Pro's real-time newsfeed alerted to latest AMC news.

• On Jan. 22, Electronic Arts reported preliminary financial results for the third quarter. EA said it previously anticipated mid-single-digit growth in live services net bookings, but now projects a mid-single-digit decline largely due to a slowdown in Global Football. The Global Football franchise experienced a slowdown in the quarter as early momentum faded, the company said. Separately, Dragon Age only engaged approximately 1.5 million players during the quarter, about 50% lower than the company's expectations. The company's stock fell around 20% over the past month and has a 52-week low of $115.21.
• RSI Value: 17.9
• EA Price Action: Shares of Electronic Arts gained 0.5% to close at $117.10 on Wednesday.
• Benzinga Pro’s charting tool helped identify the trend in EA stock.

• On Jan. 21, Globalstar said it intends to voluntarily delist from NYSE American and transfer to Nasdaq. The company has a 52-week low of $1.00.
• RSI Value: 26
• GSAT Price Action: Shares of Globalstar fell 17.8% to close at $1.57 on Wednesday.
• Benzinga Pro’s signals feature notified of a potential breakout in GSAT shares.