Penny stocks (under $5) with Money Flow Index (MFI) below 20. Like RSI but weighted by volume, MFI oversold tells you both price AND volume are signaling exhaustion — a stronger oversold reading than RSI alone.
As of today's market close, our scanners identified 10 penny stocks triggering a MFI oversold signal — a volume-weighted oversold reading below 20. At the top of the ranking, Top Wealth Group Holding Limited Class A Ordinary Shares (TWG) presents a complex picture — while the MFI oversold signal is confirmed by RSI Oversold, MFI Oversold, the presence of Triple MA Bear and ST Triple Bear suggests the move may lack full conviction. Also noteworthy: Purple Innovation, Inc. Common Stock (PRPL) showing Triple MA Bear, ST Triple Bear, RSI Oversold, MFI Oversold, Stoch Bull (OS), 52W Breakdown. Review the full ranked list below for additional setups.
| # | Symbol | Company | Price | RSI | RS | 1M Perf | Signals |
|---|---|---|---|---|---|---|---|
| 1 | TWG | Top Wealth Group Holding Limited Class A Ordinary Shares | $0.5492 | 15 | 20 | -76.9% | Triple MA BearST Triple BearRSI Oversold |
| 2 | PRPL | Purple Innovation, Inc. Common Stock | $4.4900 | 27 | 20 | -44.7% | Triple MA BearST Triple BearRSI Oversold |
| 3 | YAAS | Youxin Technology Ltd Class A Ordinary shares | $2.5000 | 39 | 18 | -21.6% | Triple MA BearST Triple BearMFI Oversold |
| 4 | EHGO | Eshallgo Inc. Class A Ordinary Shares | $1.1800 | 36 | 20 | -44.3% | Triple MA BearST Triple BearMFI Oversold |
| 5 | BBLG | Bone Biologics Corp Common Stock | $0.6152 | 26 | 22 | -35.3% | Triple MA BearST Triple BearRSI Oversold |
| 6 | FRGT | Freight Technologies, Inc. Ordinary Shares | $1.4900 | 30 | 19 | -45.8% | Triple MA BearST Triple BearMFI Oversold |
| 7 | SFHG | Samfine Creation Holdings Group Limited Class A Ordinary Share | $2.4600 | 52 | 31 | -0.4% | ST Triple BullSqueeze (Bull Mom)MFI Oversold |
| 8 | LZMH | LZ Technology Holdings Limited Class B Ordinary Shares | $1.2600 | 53 | 18 | -2.0% | ST Triple BearSqueeze (Bear Mom)MFI Oversold |
| 9 | AEMD | AETHLON MEDICAL INC | $2.1700 | 26 | 19 | -19.6% | Triple MA BearST Triple BearRSI Oversold |
| 10 | SILO | Silo Pharma, Inc. Common Stock | $2.5400 | 24 | 22 | -42.1% | Triple MA BearST Triple BearRSI Oversold |
MFI is the volume-weighted cousin of RSI. RSI(14) only considers price action; MFI(14) factors in volume on each period, treating large-volume up periods as more bullish than small-volume up periods.
The result: MFI oversold (below 20) requires not just price weakness but volume-confirmed selling pressure that has exhausted. That makes MFI oversold a higher-quality signal than RSI oversold for identifying genuine capitulation — the volume confirms sellers are actually heavy, not just dribbling.
Use this scan when you want stricter oversold filtering. For comparison see our RSI oversold scan. For trigger confirmation pair with RSI divergences and OBV accumulation.
Money Flow Index (MFI) is the volume-weighted cousin of RSI: same 0–100 scale, but each period's contribution is weighted by volume. MFI below 20 indicates volume-confirmed oversold conditions — a stricter exhaustion signal than RSI oversold because the seller has actually heavy traded, not just dribbled price lower.
Learn more about MFI (Money Flow Index) →
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.