The most oversold stocks in the utilities 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.
UGI Corp (NYSE:UGI)
- On Aug. 4, Community Healthcare Trust reported worse-than-expected second-quarter sales results. The company’s stock fell around 5% over the past five days and has a 52-week low of $31.62.
- RSI Value: 29.6
- UGI Price Action: Shares of UGI fell 0.6% to close at $33.99 on Monday.
- Edge Stock Ratings: 25.16 Momentum score with Value at 83.60.

Deep Fission, Inc (NASDAQ:FISN)
- On July 15, Canaccord Genuity analyst George Gianarikas initiated coverage on Deep Fission with a Buy rating and announced a price target of $18. The company’s stock fell around 17% over the past five days and has a 52-week low of $7.66.
- RSI Value: 28.6
- FISN Price Action: Shares of Deep Fission dipped 11.6% to close at $7.95 on Monday.
- Benzinga Pro’s charting tool helped identify the trend in FISN stock.

Portland General Electric Co (NYSE:POR)
- On July 31, Portland General Electric posted downbeat quarterly results. “Affordability remains a national focus, and we have taken proactive steps to address customer cost pressures while supporting continued economic growth in our region. The approval of our large customer tariff reflects several years of legislative and regulatory work. It results in data center pricing increasing by approximately 30%, while lowering costs for all other customers,” said Maria Pope, President and CEO. The company’s stock fell around 9% over the past month and has a 52-week low of $41.80.
- RSI Value: 29
- POR Price Action: Shares of Portland General Electric fell 1.9% to close at $48.11 on Monday.
- Benzinga Pro’s signals feature notified of a potential breakout in POR shares.

Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.
Photo via Shutterstock
Recent Comments