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.

Renew Energy Global PLC (NASDAQ:RNW)

  • On March 16, ReNew Green secured $95 million investment to expand clean energy projects in India. Sumant Sinha, Founder, Chairman & CEO, ReNew said, “The C&I industry will be central to India’s decarbonization journey, and with investors like LeapFrog, we can deepen our ability to provide reliable, cost‑competitive renewable power to leading businesses across sectors. This partnership helps us scale solutions that reduce emissions, strengthen energy security, and support India’s industrial growth in a way that is both sustainable and inclusive.” The company’s stock fell around 18% over the past month and has a 52-week low of $4.48.
  • RSI Value: 17
  • RNW Price Action: Shares of Renew Energy Global fell 3.6% to close at $4.51 on Friday.
  • Edge Stock Ratings: 8.80 Momentum score with Value at 97.68.

VivoPower PLC (NASDAQ:VIVO)          

  • On March 18, VivoPower terminated its $180 million F-3 registration statement. The company’s stock fell around 44% over the past six months and has a 52-week low of $1.69.
  • RSI Value: 7.6
  • VIVO Price Action: Shares of VivoPower fell 6% to close at $2.52 on Friday.
  • Benzinga Pro’s charting tool helped identify the trend in VIVO stock.

Brookfield Infrastructure Corp (NYSE:BIPC)

  • On March 23, Morgan Stanley analyst Robert Kad downgraded Brookfield Infrastructure from Equal-Weight to Underweight and lowered the price target from $57 to $45. The company’s stock fell around 24% over the past month and has a 52-week low of $32.08.
  • RSI Value: 18.7
  • BIPC Price Action: Shares of Brookfield Infrastructure fell 2.4% to close at $37.76 on Friday.
  • Benzinga Pro’s signals feature notified of a potential breakout in BIPC shares.

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

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