RSI - Top 5 Financial Stocks You'll Regret Missing This Quarter | 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.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
Finance Of America Companies Inc. (NYSE: FOA)
- Finance of America posted a loss for the second quarter. Graham A. Fleming, Chief Executive Officer commented, "Finance of America delivered on each strategic initiative we set out to accomplish as we pursue our goal to help even more Americans ...