The RSI or Relative Strength Index is a measurement of watch signals for stocks, indicating at what point it is oversold or overbought, with a number between zero and 100. While stocks may appear to be normal, there may be changes to come; the RSI measurement can show this upcoming change. If the RSI is under 30, it is thought to be oversold, while an RSI upwards of 70 is overbought. Here are oversold stocks at the moment: RTI International Metals, Inc. (NYSE:RTI), Tahoe Resources Inc (NYSE:TAHO), and Alcoa Inc (NYSE:AA).
For RTI International Metals, Inc. (NYSE:RTI), it has an RSI value of 18.07. Its return to investors over one full month was -5.48%. The return over three months was -14.98%. Looking back over the last 52 weeks, analysis shows that the last closing cost was up from the 52-week low of 35.09%, while it was down from the 52-week high of -29.49%. In terms of the last 50 days, the price at last close for this stock was -16.32% under the average price and was -8.67% as compared with the SMA 20.
The RSI standing for Tahoe Resources Inc (NYSE:TAHO) is at 16.07. Its stock price is down -20.53% for one full month, as measured by its last close. The return over the last three months was -35.79%. For share price, it was up from the 52-week low of 0% and was down from the 52-week high with -68.68%. The share price is currently at -34.06% under its 50-day average pricing and is under -25.27% in comparison to the SMA 20.
For any trader interested in the Alcoa Inc (NYSE:AA), it has an RSI value at 17.09. The one-month total return has been -5.49%, with its three-month return at -15.05%. At the time of recent close, the price was up from its 52-week low with -1.67% and it dropped from its 52-week high with -43.49%. It was below the 50-day average pricing with -16.47% and was -8.69% as compared with SMA 20.