the most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies the rsi is a momentum indicator which compares a stocks strength on days when prices go up to its strength on days when prices go down when compared to a stocks 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 here’s the latest list of major oversold players in this sector having an rsi near or below 30   amerco last month posted weakerthanexpected q2 results the company’s stock has a 52week low of 4479    uhal price action shares of amerco fell 39 to settle at 6239 on thursday and declined 02 in today’s premarket trading   cadre holdings last month posted mixed results for its second quarter the company’s stock has a 52week low of 1774   cdre price action shares of cadre holdings fell 06 to close at 2176 on thursday and lost 01 in the afterhours trading session   virgin orbit last month posted inline loss for its third quarter the company’s stock has a 52week low of 190   vorb price action shares of virgin orbit holdings dropped 112 to close at 190 on thursday and gained 68 in today’s premarket trading   desktop metal last month received a 9 million order from a major german automaker for binder jet additive manufacturing systems the company’s 52week low is 126   dm price action shares of desktop metal dropped 51 to close at 148 on thursday   grindrod shipping recently announced changes to its board of directors the company has a 52week low of 1350   grin price action shares of grindrod shipping dropped 01 to settle at 2099 on thursday and added 01 in the afterhours trading session