TITN - Top 4 Industrials Stocks That Could Lead To Your Biggest Gains This Quarter | Benzinga
The most oversold stocks in the industrials 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.
Paycom Software Inc (NYSE:PAYC)
- On May 31, Paycom Software announced significant leadership changes. Randy Peck, a 20-year Paycom veteran, has been appointed as the new Chief Operating Officer (COO). Concurrently, Matt Paque has been promoted to Chief Legal Officer (CLO). The company's stock fell around 11% over the past five days and has a 52-week low of $143.88.
- RSI Value: 25.83
- PAYC Price Action: Shares of Paycom Software fell 1.7% to close at $144.32 on Wednesday.
- Benzinga Pro's real-time newsfeed alerted to latest Paycom Software ...