The materials sector presents attractive buying opportunities with several stocks currently considered oversold. Benzinga Pro identifies companies with low RSI values, suggesting potential for a rebound in the short term. This article highlights three such companies, Tantech Holdings Ltd (TANH), N2OFF Inc (NITO), and Scully Royalty Ltd (SRL), along with their recent price action and news impacting their performance.
Results for: oversold
Vacasa, Inc. (VCSA) stock has experienced significant selling pressure recently, dropping 48.8% in the past four weeks. However, technical indicators suggest the stock is now oversold, indicating a potential rebound. Additionally, Wall Street analysts have raised their earnings estimates for VCSA, further supporting the case for a turnaround.