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 Verra Mobility Corporation Class A Common Stock (VRRM), showing the primary signal alongside RSI Oversold, though internal indicators flag caution with an active Triple MA Bear and ST Triple Bear. Worth volume confirmation before sizing into this setup. Runner-up 20/20 Biolabs, Inc. Common Stock (AIDX) is triggering Triple MA Bear, ST Triple Bear, RSI Oversold, MFI Oversold, 52W Breakdown. The full list is ranked by relative strength and market cap to surface the highest-conviction names.

Data as of 2026-05-29
#SymbolCompanyPriceRSIRS1M PerfSignals
1VRRMVerra Mobility Corporation Class A Common Stock$4.51001219-70.2%Triple MA BearST Triple BearRSI Oversold
2AIDX20/20 Biolabs, Inc. Common Stock$0.8669130-43.3%Triple MA BearST Triple BearRSI Oversold
3HAOHaoxi Health Technology Limited Class A Ordinary Shares$1.05001417-99.2%Triple MA BearST Triple BearRSI Oversold
4RUBIRubico Inc. Common Stock$0.5930150-83.0%Triple MA BearST Triple BearRSI Oversold
5MDXHMDxHealth SA Ordinary Shares$0.75991621-62.6%Triple MA BearST Triple BearRSI Oversold
6POASPhaos Technology Holdings (Cayman) Limited$0.5215180-75.1%Triple MA BearHull-EMA BearST Triple Bear
7TOPSTOP Ships Inc.$0.89521919-58.8%Triple MA BearST Triple BearRSI Oversold
8XXII22nd Century Group Inc.$0.54631917-67.7%Triple MA BearST Triple BearRSI Oversold
9CHSNChanson International Holding Class A Ordinary Shares$1.07002017-68.9%Triple MA BearST Triple BearRSI Oversold
10FOXXFoxx Development Holdings Inc. Common Stock$2.63002023-55.3%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.