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The most oversold stocks in the energy 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 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.

Atlas Energy Solutions Inc (NYSE:AESI)

• On July 16, Barclays analyst Eddie Kim maintained Atlas Energy Solutions with an Underweight rating and lowered the price target from $16 to $14. The company’s stock fell around 38% over the past month and has a 52-week low of $7.64.
• RSI Value: 25.6
• AESI Price Action: Shares of Atlas Energy rose 1.2% to close at $10.30 on Thursday.
• Edge Stock Ratings: 7.45 Momentum score.

Presidio Production Co (NYSE:FTW)     

• Presidio Production will report second quarter results on Tuesday, Aug. 11. The company’s stock fell around 5% over the past five days and has a 52-week low of $9.50.
• RSI Value: 27.1   
• FTW Price Action: Shares of Presidio Production fell 1.4% to close at $11.35 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in FTW stock.

VOC Energy Trust (NYSE:VOC)

• On July 2, Maxim Group analyst Thomas Forte initiated coverage on Amass Brands with a Buy rating and announced a price target of $7. The company’s stock fell around 14% over the past five days and has a 52-week low of $2.60.
• RSI Value: 27.7
• VOC Price Action: Shares of VOC Energy Trust fell 2.4% to close at $2.91 on Thursday.
• Benzinga Pro’s signals feature notified of a potential breakout in VOC 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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