Oversold Penny Stocks

Penny stocks (under $5) with RSI(14) below 30 — the technical definition of oversold. These are setups where price has moved down faster than fundamentals can typically justify, creating asymmetric mean-reversion opportunities.

Our models detected 10 equities meeting the criteria for a RSI oversold signal today, a primary indicator of sustained bullish momentum. Leading the list is Veraxa Biotech AG Ordinary Shares (VRXA), showing the primary signal alongside ST Triple Bull, RSI Oversold, though internal indicators flag caution with an active Triple MA Bear. Worth volume confirmation before sizing into this setup. Runner-up Nuwellis, Inc. Common Stock (NUWE) is triggering Triple MA Bear, ST Triple Bear, RSI Oversold, Stoch Bull (OS), OBV Bull Div. The full list is ranked by relative strength and market cap to surface the highest-conviction names.

Data as of 2026-07-13 · End-of-day prices
#SymbolCompanyPriceRSIRS1M PerfSignals
1VRXAVeraxa Biotech AG Ordinary Shares$2.1400100Triple MA BearST Triple BullRSI Oversold
2NUWENuwellis, Inc. Common Stock$2.80001618-46.6%Triple MA BearST Triple BearRSI Oversold
3PSIGPS International Group Ltd. Ordinary Shares$1.26001724-87.0%Triple MA BearST Triple BearRSI Oversold
4ZCMDZhongchao Inc. Class A Ordinary Shares$1.51001818-28.1%Triple MA BearST Triple BullRSI Oversold
5AVATAvalanche Treasury Corporation Class A Common Stock$0.5040180Triple MA BearRSI Oversold
6SKYASkyAI, Inc. Common Stock$1.140018201.8%Triple MA BearRSI Oversold
7LABTLakewood-Amedex Biotherapeutics Inc. Common Stock$2.7300190-59.9%Triple MA BearST Triple BearRSI Oversold
8SLIStandard Lithium Ltd.$2.29001939-31.2%Triple MA BearST Triple BearRSI Oversold
9INLFINLIF LIMITED Class A Ordinary Shares$2.95002018-99.7%Triple MA BearST Triple BearRSI Oversold
10HTZHertz Global Holdings, Inc Common Stock$1.83002022-64.7%Triple MA BearST Triple BearRSI Oversold

How to Use Oversold Penny Stocks

RSI(14) below 30 means the average gain over 14 periods is small relative to the average loss — a stock that has fallen fast and hasn't paused. Historically, deeply oversold readings precede 1- to 5-day mean-reversion bounces in most market regimes.

But oversold can stay oversold: a stock in a strong downtrend will hit RSI 25, bounce briefly, fall further, and hit RSI 20. The trade isn't "buy because oversold" — it's "oversold + a reversal trigger." Useful triggers:

  • A hammer, bullish engulfing, or morning-star candle pattern.
  • A positive RSI divergence (see our RSI divergence scan).
  • Break of the down trendline on volume.
  • Volume capitulation (huge volume on the low day, followed by lighter volume).

See also: MFI oversold (volume-weighted), OBV bullish divergence, approaching 52-week lows.

Indicators Used in This Scan

Relative Strength Index (RSI) measures momentum on a 0–100 scale. Readings above 70 are overbought; below 30 are oversold. RSI between 50 and 70 is the bullish trend zone. Bullish RSI divergence (price makes a lower low while RSI makes a higher low) is one of the more reliable reversal signals, historically 80%+ accuracy in published studies.