Benzinga·2025-10-13 11:44Core Insights - The utilities sector is experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator used to assess stock performance, with values below 30 indicating oversold conditions [1] Company Summaries - Companhia Energetica Minas Gerais ADR (NYSE:CIG): - Stock has decreased approximately 9% over the past month, reaching a 52-week low of $1.59 - Current RSI value is 19.3 - Recent price action shows shares fell 3.1% to close at $1.90 [6] - Otter Tail Corp (NASDAQ:OTTR): - Stock fell around 10% in the last month, with a 52-week low of $71.66 - Current RSI value is 19.1 - Shares decreased by 1.7% to close at $75.05 on Friday - The company reported better-than-expected second-quarter results and provided FY25 EPS guidance above estimates [6]