Jonathan Kitchen Mid-cap stocks fell lately, but a list of the most oversold names by Relative Strength Index points to possible rebound candidates across health care, media, food, biotech, and real estate sectors. The list is ranked by the lowest Relative Strength Index and includes companies with mid-cap market capitalizations. The list is topped by Option Care Health ( OPCH ) and Nexstar Media ...
Jonathan Kitchen Mid-cap stocks fell lately, but a list of the most oversold names by Relative Strength Index points to possible rebound candidates across health care, media, food, biotech, and real estate sectors. The list is ranked by the lowest Relative Strength Index and includes companies with mid-cap market capitalizations. The list is topped by Option Care Health ( OPCH ) and Nexstar Media Group ( NXST ), both sharing the lowest RSI of 22. Wingstop ( WING ) and ADMA Biologics ( ADMA ) follow closely behind, each with an RSI of 24, while Maximus ( MMS ) rounds out the top five with an RSI of 25. The list features notable diversity across sectors, including Data Processing & Outsourced Services with Maximus, Inc. and Office Services with HNI Corporation. Several Real Estate Investment Trusts also appear, including Rexford Industrial Realty, Independence Realty Trust, and Essential Properties Realty Trust, which closes out the list with an RSI of 30. The Relative Strength Index ( RSI ) is a momentum oscillator that measures the velocity and magnitude of price changes, plotting them on a scale from 0 to 100. RSI compares the magnitude of recent gains to recent losses over a chosen lookback period—typically 14 days. RSI readings of 70 or above are generally considered a signal that a stock may be overbought and potentially poised for a pullback. An RSI below 30 indicates that a stock or financial market may be oversold, signaling that intense selling pressure has potentially driven the price below its fair value. Here is the list: Option Care Health, Inc. ( OPCH ), Market Cap: 4.21B, RSI: 22 Nexstar Media Group, Inc. ( NXST ), Market Cap: 5.48B, RSI: 22 Wingstop Inc. ( WING ), Market Cap: 4.26B, RSI: 24 ADMA Biologics, Inc. ( ADMA ), Market Cap: 2.15B, RSI: 24 Maximus, Inc. ( MMS ), Market Cap: 3.50B, RSI: 25 HNI Corporation ( HNI ), Market Cap: 2.40B, RSI: 26 Rexford Industrial Realty, Inc. ( REXR ), Market Cap: 7.81B, RSI: 28 WD-40 Company ( WDFC ), Market Cap: ...