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 Dec. 10, Oxford Industries reported third-quarter financial results and issued fourth-quarter guidance below estimates. Also, the company cut its FY25 guidance below estimates. Tom Chubb, Chairman and CEO, said, “Our third quarter results came in as expected and reflect the disciplined execution across our brands in a highly competitive and promotional environment. While we witnessed pockets of strength within our businesses, consumers have become increasingly choiceful, especially with respect to the more discretionary aspects of their wardrobe. As we entered the holiday season, our customers have been highly value-driven, seeking both compelling promotions and new, innovative products.” The company's stock fell around 21% over the past five days and has a 52-week low of $30.57.
• RSI Value: 24.6
• OXM Price Action: Shares of Oxford Industries fell 21.2% to close at $31.86 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in OXM stock.

• On Dec. 10, The company's CEO, Park Dae-Jun resigned after a data breach. The company's stock fell around 10% over the past month and has a 52-week low of $19.02.
• RSI Value: 28.6
• CPNG Price Action: Shares of Coupang fell 0.8% to close at $25.86 on Thursday.
• Benzinga Pro’s signals feature notified of a potential breakout in CPNG shares.