The most oversold stocks in the financial 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.

Fidelity National Financial Inc (NYSE:FNF)

  • On Aug. 10, Keefe, Bruyette & Woods analyst Bose George maintained Fidelity National with an Outperform rating and lowered the price target from $64 to $61. The company’s stock fell around 11% over the past month and has a 52-week low of $42.32.
  • RSI Value: 28.8
  • FNF Price Action: Shares of Fidelity National rose 0.1% to close at $43.07 on Thursday.
  • Edge Stock Ratings: 12.85 Momentum score with Value at 42.38.

Glacier Bancorp Inc (NYSE:GBCI)         

  • On Aug. 31, Glacier Bancorp announced the appointment of Byron Pollan as deputy CFO. “We conducted an extensive internal and external search for Ron’s successor and considered many highly qualified candidates from top financial institutions,” said Randy Chesler, president and chief executive officer. “Byron’s exceptional track record, deep knowledge of Glacier and proven leadership across treasury and financial management made him the clear, unanimous choice to lead the Company’s finance organization.” The company’s stock fell around 9% over the past month and has a 52-week low of $39.90.
  • RSI Value: 29.6
  • GBCI Price Action: Shares of Glacier Bancorp fell 0.5% to close at $44.72 on Thursday.
  • Benzinga Pro’s charting tool helped identify the trend in GBCI stock.

Artisan Partners Asset Management Inc (NYSE:APAM)

  • On Sept. 10, Artisan Partners Asset Management reported a month-on-month decline in August assets under management. The company’s stock fell around 12% over the past month has a 52-week low of $33.96.
  • RSI Value: 28.9
  • APAM Price Action: Shares of Artisan Partners Asset Management rose 0.6% to close at $36.53 on Thursday.
  • Benzinga Pro’s signals feature notified of a potential breakout in APAM shares.

Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.

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