The most oversold stocks in the information technology 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.
On April 23, ASGN reported a first-quarter adjusted EPS miss and issued second-quarter EPS and adjusted EPS guidance below estimates. “ASGN entered the first quarter of 2025 with a continued focus on supporting our clients’ long-term IT roadmaps. Despite macro uncertainty, our revenues and adjusted EBITDA results were in line with our guidance expectations,” said ASGN’s Chief Executive Officer, Ted Hanson. The company's stock fell around 19% over the past month and has a 52-week low of $47.64.
RSI Value: 29
ASGN Price Action: Shares of ASGN fell 0.4% to close at $50.86 on Tuesday.
Edge Stock Ratings: 10.42 Momentum score with Value at 41.67.
On April 29, Barrington Research analyst Vincent Colicchio maintained Hackett Group with an Outperform rating and maintained a $36 price target. The company's stock fell around 12% over the past month and has a 52-week low of $20.23.
RSI Value: 27.1
HCKT Price Action: Shares of Hackett gained 1.7% to close at $25.77 on Tuesday.
Benzinga Pro’s charting tool helped identify the trend in HCKT stock.
