Published on 15 Mar 2024 on Benzinga
Top 5 Defensive Stocks That Are Set To Fly This Month - Dollar Tree (NASDAQ:DLTR), HF Foods Group...
The most oversold stocks in the consumer staples 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.