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.

• On March 7, Noodles posted weaker-than-expected fourth-quarter results. Drew Madsen, Chief Executive Officer of Noodles & Company, said, “Despite our recent challenges, we believe Noodles is a differentiated brand with an opportunity to be a robust business going forward. We are focused on five strategic priorities to capture this opportunity.” The company’s stock fell around 30% over the past month and has a 52-week low of $1.5150 .
• RSI Value: 27.33
• NDLS Price Action: Shares of Noodles & Company closed at $1.55 on Tuesday.

• On March 11, The Children's Place announced receipt of the $48.6 million second tranche of the previously announced interest-free unsecured financing provided by Mithaq Capital. The company’s stock fell around 48% over the past month. It has a 52-week low of $8.12.
• RSI Value: 27.08
• PLCE Price Action: Shares of Children's Place fell 0.1% to close at $8.46 on Tuesday.

• On March 14, Evercore ISI Group analyst Michael Binetti downgraded Under Armour from In-Line to Underperform and lowered the price target from $8 to $7. The company’s stock fell around 18% over the past month and has a 52-week low of $6.29.
• RSI Value: 29.57
• UAA Price Action: Shares of Under Armour gained 0.4% to close at $6.83 on Tuesday.