Business Markets News

Top 3 Health Care Stocks That Are Preparing To Pump This Quarter

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, according to Benzinga Pro.

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

Prothena Corporation PLC PRTA

  • On May 8, Prothena posted weaker-than-expected quarterly results. “We continue to meaningfully advance our wholly-owned and partnered programs across our protein dysregulation portfolio during this transformative year for Prothena. Most notably in 2025 we anticipate topline data in 2Q from the confirmatory Phase 3 AFFIRM-AL clinical trial evaluating birtamimab for AL amyloidosis, conducted under a SPA agreement with the FDA with a primary endpoint of time to all-cause mortality at a statistical significance level of 0.10,” said Gene Kinney, Ph.D., President and Chief Executive Officer, Prothena. The company’s stock fell around 31% over the past month and has a 52-week low of $7.01.
  • RSI Value: 21.9
  • PRTA Price Action: Shares of Prothena fell 2.6% to close at $7.10 on Thursday.
  • Edge Stock Ratings: 5.29 Momentum score with Value at 79.24.

Rxsight Inc RXST      

Sarepta Therapeutics Inc SRPT

Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.

Read This Next:

Photo via Shutterstock

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score

Market News and Data brought to you by Benzinga APIs