UNM - Top 4 Financial Stocks You'll Regret Missing This Month | Benzinga
The most oversold stocks in the financial 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.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
Green Dot Corporation (NYSE: GDOT)
- Green Dot lowered its 2023 adjusted EPS guidance. "Despite continued headwinds, we are encouraged by the progress we ...