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 April 3, Pony AI announced it has won a permit from Luxembourg's Ministry of Mobility and Public Works to begin Level 4 (L4) Robotaxi testing. Pony.ai established its first dedicated European research and testing hub in Luxembourg, making it the first autonomous vehicle company. The company's stock fell around 62% over the past month and has a 52-week low of $5.22.
• RSI Value: 24
• PONY Price Action: Shares of Pony AI fell 9.4% to close at $5.30 on Friday.
• Edge Stock Ratings: Value at 50.19.

• CommScope Holding will release its first quarter 2025 financial results on Thursday, May 1, before the opening bell. The company's stock fell around 34% over the past month and has a 52-week low of $0.86.
• RSI Value: 29.4
• COMM Price Action: Shares of Commscope fell 2.3% to close at $3.36 on Friday.
• Benzinga Pro’s charting tool helped identify the trend in COMM stock.

• On March 13, VNET Group announced the pricing of its $430 million convertible senior notes offering. The 2.50% notes, due in 2030, will be senior, unsecured obligations of the company. The company's stock fell around 52% over the past month and has a 52-week low of $1.42.
• RSI Value: 28.1
• VNET Price Action: Shares of VNET fell 2.3% to close at $5.54 on Friday.
• Benzinga Pro’s signals feature notified of a potential breakout in VNET shares.