Top 3 Energy Stocks That May Explode This Month

The most oversold stocks in the energy 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.

Delek US Holdings Inc (NYSE:DK)

• On Jan. 15, JP Morgan analyst Zach Parham maintained Delek US with a Neutral and lowered the price target from $42 to $38. The company's stock fell around 9% over the past month and has a 52-week low of $11.02.
• RSI Value: 29.9
• DK Price Action: Shares of Delek US Holdings fell 3.8% to close at $29.01 on Thursday.
• Edge Stock Ratings: 71.40 Momentum score.

Expand Energy Corp (NASDAQ:EXE)   

• On Jan. 8, UBS analyst Josh Silverstein maintained Expand Energy with a Buy and lowered the price target from $154 to $150. The company's stock fell around 7% over the past month and has a 52-week low of $91.02.
• RSI Value: 28.7                         
• EXE Price Action: Shares of Expand Energy dipped 1.9% to close at $99.52 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in EXE stock.

XCF Global Inc (NASDAQ:SAFX)

• On Jan. 15, XCF Global filed for offering of up to 187.18 million shares of Class A common stock. The company's stock fell around 65% over the past month and has a 52-week low of $0.12.
• RSI Value: 21.4
• SAFX Price Action: Shares of XCF Global rose 2.8% to close at $0.14 on Thursday.
• Benzinga Pro’s signals feature notified of a potential breakout in SAFX shares.

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

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