Top 2 Energy Stocks Which Could Rescue Your Portfolio This Month

The most oversold stocks in the energy 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.

Okeanis Eco Tankers Corp. ECO

• The company’s stock fell around 2% over the past five days and has a 52-week low of $26.51 .
• RSI Value: 24.68
• ECO Price Action: Shares of Okeanis Eco Tankers fell 1.7% to close at $27.98 on Wednesday.

Solaris Oilfield Infrastructure, Inc. SOI

• On Oct. 26, Solaris Oilfield Infrastructure posted weaker-than-expected results for its third quarter. "The Solaris team executed strongly and safely as industry activity bottomed during the third quarter. Despite this, we continued to see adoption of our new technology offerings. As a result, nearly 55% of industry frac crews we followed in the quarter deployed either a top fill or AutoBlend™ system, up from over 40% in the prior quarter," Solaris’ Chairman and Chief Executive Officer Bill Zartler commented. The company’s stock fell around 11% over the past month. It has a 52-week low of $7.14.
• RSI Value: 28.23
• SOI Price Action: Shares of Solaris Oilfield Infrastructure fell 2.8% to close at $7.19 on Wednesday.

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