SJ - Top 4 Tech And Telecom Stocks That May Rocket Higher in February | Benzinga
The most oversold stocks in the communication services 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.
Scienjoy Holding Corporation (NASDAQ: SJ)
- On Dec. 15, Scienjoy Holding posted a 9-month loss of 7 cents per share. Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, commented, "I am delighted to unveil our exciting developments in SJ Verse and other progress. SJ Media, arising from the merger between BeeLive and NUJOOM ALMASHREQ MEDIA L.L.C ("NUJOOM"), has evolved ...