Top 4 Health Care Stocks Which Could Rescue Your Portfolio This Month

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.

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

Yield10 Bioscience, Inc. YTEN

  • Yield10 Bioscience posted a wider loss for the first quarter. "We remain focused on executing our commercial strategy with an emphasis on positioning elite Camelina as a source of low-carbon intensity feedstock oil for the biofuels market," said Oliver Peoples, Ph.D., President and Chief Executive Officer of Yield10 Bioscience The company’s stock has a 52-week low of $1.63 .
  • RSI Value: 29.48
  • YTEN Price Action: Shares of Yield10 Bioscience fell 8.7% to close at $1.88 on Tuesday.

Bone Biologics Corporation BBLG

  • Bone Biologics priced its public offering of 2.54 million shares at $1.97 per share. It has a 52-week low of $1.4286.
  • RSI Value: 22.95
  • BBLG Price Action: Shares of Bone Biologics fell 7.6% to close at $1.45 on Tuesday.

Vistagen Therapeutics, Inc. VTGN

  • Vistagen Therapeutics announced that PH80, one of the Company's five investigational neuroactive nasal sprays, demonstrated statistically significant efficacy versus placebo in an exploratory Phase 2A study for the acute treatment of hot flashes (vasomotor symptoms) in women diagnosed with menopausal hot flashes. The company’s stock has a 52-week low of $1.9150.
  • RSI Value: 28.34
  • VTGN Price Action: Shares of Vistagen Therapeutics fell 7.6% to close at $1.94 on Tuesday.

Fresh2 Group Limited FRES

  • Fresh2 Group recently regained compliance with Nasdaq Listing Requirements. The company’s 52-week low is $2.60.
  • RSI Value: 28.33
  • FRES Price Action: Shares of Fresh2 Group fell 0.7% to close at $3.70 on Tuesday.

 

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