The most oversold stocks in the consumer discretionary sector offer an opportunity to buy into undervalued companies.

The RSI is a momentum indicator that compares a stock’s strength on rising days to its strength on falling days. Compared to a stock’s price action, it can give traders a better sense of how a stock might perform in the short term. An asset is usually considered oversold when the RSI is below 30.

Here is the latest list of the big oversold players in this sector with an RSI near or below 30.

iRobot Corporation IRBT

• iRobot posted a Q3 loss of $1.78 per share in November. The company’s stock has a 52-week low of $35.41 .
• RSI value: 29.88
• IRBT Price Action: Shares of iRobot rose 0.4% to close at $42.46 on Tuesday, down 0.4% in after-hours trading.

Yunji Inc. YJ

• Yunji recently announced receipt of the Nasdaq Non-Compliance Notice. The companys The stock is at a 52-week low from $0.52.
• RSI value: 27.99
• YJ Price Action: Shares of Yunji on Tuesday gained 1.7% to close at $0.6103, down 2.9% in after-hours trading.

Vision Marine Technologies Inc. VMAR

• Vision Marine Technologies recently announced the resignation of Mr. Renaud Cloutier from the Board of Directors for personal reasons. The company’s stock has a 52 week low of $3.35.
• RSI value: 29.96
• VMAR Price Action: Vision Marine Technologies shares fell 2.2% to close at $4.51 on Tuesday.

Chegg, Inc. CHGG

• chegg poorly spent Guidance for Q1 and FY23. The company’s 52-week low is $15.66.
• RSI value: 24.29
• CHGG Price Action: Shares of Chegg fell 17.1% to close at $17.43 on Tuesday, up 0.4% in after-hours trading.

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