The most oversold stocks in the consumer discretionary 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.
Kodiak AI Inc (NASDAQ:KDK)
- Kodiak AI announced that it will report its second quarter results after market close on Thursday, Aug. 6. The company’s stock fell around 22% over the past month and has a 52-week low of $3.97.
- RSI Value: 27.4
- KDK Price Action: Shares of Kodiak AI fell 3.3% to close at $4.11 on Tuesday.
- Benzinga Pro’s charting tool helped identify the trend in KDK stock.

Tesla Inc (NASDAQ:TSLA)
- On July 22, Tesla reported worse-than-expected second-quarter adjusted EPS results. Tesla reported second-quarter revenue of $28.24 billion. The total beat a Street consensus estimate of $25.71 billion, according to data from Benzinga Pro. Second-quarter earnings of 33 cents per share missed a Street consensus estimate of 50 cents per share. href=”https://www.benzinga.com/quote/TSLA”> has a 52-week low of $297.82.
- RSI Value: 26.6
- TSLA Price Action: Shares of Tesla fell 0.6% to close at $307.44 on Tuesday.
- Edge Stock Ratings: 10.69 Momentum score with Value at 4.66.

Target Hospitality Corp (NASDAQ:TH)
- On July 27, Target Hospitality announced a new $660 million credit facility. The company’s stock fell around 28% over the past month and has a 52-week low of $5.97.
- RSI Value: 22.5
- TH Price Action: Shares of Target Hospitality dipped 8.2% to close at $14.78 on Tuesday.
- Benzinga Pro’s signals feature notified of a potential breakout in TH shares.

Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.
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