The most oversold stocks in the communication services 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.
Trade Desk Inc (NASDAQ: TTD )
On Nov. 6, Trade Desk reported quarterly earnings of 45 cents per share, which beat the consensus estimate of 44 cents. Quarterly revenue clocked in at $739.43 million, which beat the Street estimate of $718.69 million. "Q3 was another strong quarter for The Trade Desk, with revenue growing to $739 million, representing 18% year-over-year growth," said Jeff Green, CEO of The Trade Desk. The company's stock fell around 27% over the past month and has a 52-week low of $38.22. RSI Value: 29.8 TTD Price Action: Shares of Trade Desk rose 0.1% to close at $39.09 on Tuesday. Edge Stock Ratings: 91.92 Momentum score with Value at 93.51.Zhihu Inc – ADR (NYSE: ZH )
On Nov. 25, Zhihu reported a year-over-year decrease in third-quarter financial results. “We are firmly on track to achieve full-year non-GAAP breakeven, with solid progress made during the quarter,” said Mr. Yuan Zhou, chairman and chief executive officer of Zhihu. The company's stock fell around 15% over the past month and has a 52-week low of $3.19. RSI Value: 29.3 ZH Price Action: Shares of Zhihu fell 7.7% to close at $3.71 on Tuesday. Benzinga Pro’s charting tool helped identify the trend in ZH stock .Spotify Technology SA (NYSE: SPOT )
On Nov. 4, Spotify reported better-than-expected third-quarter financial results. The company's stock fell around 8% over the past five days and has a 52-week low of $443.21 . RSI Value: 28.7 SPOT Price Action: Shares of Spotify rose 0.1% to close at $585.47 on Tuesday. Benzinga Pro’s signals feature notified of a potential breakout in SPOT shares . Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and s ee how they compare.Read This Next:
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Loading... Loading... SPOT Spotify Technology SA $585.24 -0.04% Overview TTD The Trade Desk Inc $39.15 0.15% ZH Zhihu Inc $3.71 -7.71% Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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