Top 5 Industrials Stocks That May Rocket Higher This Month

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 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.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Wheels Up Experience Inc. UP

• Wheels Up Experience posted in-line quarterly loss. "As we position Wheels Up for future success, we expect the program changes we announced today will allow us to continue to scale and evolve our product offering to deliver world-class service profitably," said Interim CEO Todd Smith. The company’s stock has a 52-week low of $2.3330 .
• RSI Value: 22.72
• UP Price Action: Shares of Wheels Up Experience fell 16.3% to close at $2.51 on Friday.

AgEagle Aerial Systems, Inc. UAVS

• AgEagle Aerial Systems priced $4.2 million registered direct offering and concurrent private placement. It has a 52-week low of $0.29.
• RSI Value: 28.68
• UAVS Price Action: Shares of AgEagle Aerial Systems fell 0.2% to close at $0.2995 on Friday.

MDU Resources Group, Inc. MDU

• MDU Resources’ subsidiary secures regulatory approval to serve large data center electric load. The company’s stock has a 52-week low of $17.30.
• RSI Value: 22.40
• MDU Price Action: Shares of MDU Resources fell 0.1% to close at $20.83 on Friday.

Nxu, Inc. NXU

• Nxu named Jordan Christensen to the Company’s executive team as Chief Legal Officer. “Jordan joins Nxu at an important stage in our development, and our entire team will benefit from his wide range of private sector and regulatory experience,” said Mark Hanchett, Chairman and CEO of Nxu. The company’s 52-week low is $0.4610.
• RSI Value: 18.50
• NXU Price Action: Shares of Nxu rose 0.4% to close at $0.58 on Friday.

Nuburu, Inc. BURU

• NUBURU and GE Additive signed a joint development agreement. "As we continue to advance our proprietary blue laser technology, we have further increased both power and brightness to open up new applications," said Dr. Mark Zediker, CEO and co-founder of NUBURU. "We've achieved key performance milestones that open new possibilities for significant advances in metal 3D printing. Working with GE Additive, and their expertise in metal additive manufacturing, will allow us to rapidly optimize our innovative area printing approach." The company has a 52-week low of $0.63.
• RSI Value: 29.61
• BURU Price Action: Shares of Nuburu rose 1.2% to close at $0.6780 on Friday.

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