Top 4 Risk Off Stocks You'll Regret Missing In July

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The most oversold stocks in the consumer staples 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.

African Agriculture Holdings Inc AAGR

  • On Feb. 6, African Agriculture named Michael Rhodes as Chief Executive Officer. The company's stock fell around 48% over the past month and has a 52-week low of $0.16.
  • RSI Value: 29.37
  • AAGR Price Action: Shares of African Agriculture fell 4.4% to close at $0.17 on Monday.
  • Benzinga Pro's real-time newsfeed alerted to latest African Agriculture news.

Moolec Science SA MLEC    

  • On July 15, Moolec signed an offtake agreement with a major global CPG Company to hit the US market in 2025. The company's stock fell around 14% over the past five days. It has a 52-week low of $0.83.
  • RSI Value: 29.17
  • MLEC Price Action: Shares of Moolec Science fell 12.8% to close at $0.89 on Monday.
  • Benzinga Pro's charting tool helped identify the trend in Moolec Science stock.

Estee Lauder Companies Inc EL

  • On July 15, DA Davidson analyst Linda Bolton Weiser maintained Estee Lauder with a Buy and maintained a $191 price target. The company's stock dipped around 12% over the past month and has a 52-week low of $99.80.
  • RSI Value: 25.90
  • EL Price Action: Shares of Estee Lauder fell 2.2% to close at $101.04 on Monday.
  • Benzinga Pro's signals feature notified of a potential breakout in Estee Lauder shares.

ELEVAI Labs Inc ELAB

  • On June 26, Elevai Labs announced CEO Jordan Plews’ intention to resign. The company's shares lost around 13% over the past five days. The company's 52-week low is $0.48.
  • RSI Value: 26.07
  • ELAB Price Action: Shares of ELEVAI Labs fell 0.2% to close at $0.50 on Monday.
  • Benzinga Pro's earnings calendar was used to track ELEVAI Labs upcoming earnings report.

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Posted In: Long IdeasNewsPre-Market OutlookMarketsTrading Ideasconsumer staplesExpert IdeasOversold StocksRSI
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