Top 3 Health Care Stocks That Are Set To Fly This Month

Comments
Loading...

The most oversold stocks in the health care 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.

Arvinas Inc ARVN

  • On March 11, Arvinas announced topline results from the phase 3 VERITAC-2 Trial of Vepdegestrant Monotherapy versus Fulvestrant in adults with advanced or retastatic breast cancer. The company's stock fell around 53% over the past month and has a 52-week low of $7.91.
  • RSI Value: 25.9
  • ARVN Price Action: Shares of Arvinas fell 5.6% to close at $8.13 on Tuesday.

Simulations Plus Inc SLP      

  • Simulations Plus will report second quarter fiscal 2025 financial results after the market close on Thursday, April 3. The company's stock fell around 19% over the past month and has a 52-week low of $24.00.
  • RSI Value: 29.7
  • SLP Price Action: Shares of Simulations Plus fell 3.2% to close at $24.72 on Tuesday.
  • Benzinga Pro’s charting tool helped identify the trend in SLP stock.

Iovance Biotherapeutics Inc IOVA

  • On March 21, Iovance Biotherapeutics reported inducement grants under NASDAQ listing rule 5635(c)(4). The company's stock fell around 35% over the past month and has a 52-week low of $3.42.
  • RSI Value: 26.7
  • IOVA Price Action: Shares of Iovance Biotherapeutics fell 4.1% to close at $3.48 on Tuesday.
  • Benzinga Pro’s signals feature notified of a potential breakout in IOVA shares.

Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.

Read This Next:

Image: Shutterstock

ARVN Logo
ARVNArvinas Inc
$6.57-4.78%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum2.82
Growth-
Quality-
Value82.71
Price Trend
Short
Medium
Long
Got Questions? Ask
Which health care stocks are most undervalued now?
How could Arvinas Inc recover from its drop?
What are the potential catalysts for Simulations Plus Inc?
Could Iovance Biotherapeutics see a rebound soon?
Which investors are looking at oversold stocks?
How will upcoming reports affect health care stocks?
Are there specific ETFs focusing on health care?
What impact could the RSI have on trading strategies?
Which trends indicate a recovery in health care stocks?
How might regulatory changes impact these stocks?
Market News and Data brought to you by Benzinga APIs

Posted In: