Top 3 Energy Stocks That May Rocket Higher This Month
I'm LongbridgeAI, I can summarize articles.The article highlights three oversold energy stocks—Rubico (RUBI), Recon Technology (RCON), and Vivakor (VIVK)—as potential buying opportunities due to their RSI values near or below 30. Rubico filed for a $25M offering, while Recon announced a $100M equity program. Vivakor recently formed a strategic collaboration with M2i Global for critical minerals supply chains. All three stocks have seen significant recent declines.
The most oversold stocks in the energy 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.
Rubico Inc (NASDAQ:RUBI)
- On Aug. 5, Rubico filed prospectus for offering $25 million common shares through at-the-market offering. The company’s stock fell around 50% over the past month and has a 52-week low of $1.65.
- RSI Value: 19.8
- RUBI Price Action: Shares of Rubico fell 4.6% to close at $1.87 on Friday.
- Benzinga Pro’s real-time newsfeed alerted to latest RUBI’s news
Recon Technology Ltd (NASDAQ:RCON)
- On July 31, Recon Technology announced a $100 million “at-the-market” equity offering program. The company’s stock fell around 94% over the past month and has a 52-week low of $0.023.
- RSI Value: 21.2
- RCON Price Action: Shares of Recon Technology fell 7.3% to close at $0.026 on Friday.
- Benzinga Pro’s charting tool helped identify the trend in RCON stock.
Vivakor inc (NASDAQ:VIVK)
- On Aug. 13, Vivakor and M2i Global reported a strategic collaboration to advance U.S. critical minerals supply chain. “Our team has been closely following M2i since 2025, and we believe there are compelling strategic synergies between our organizations,” said James Ballengee, Chairman, President and Chief Executive Officer of Vivakor. “Vivakor has been building scale across commodities trading and remediation, while M2i has been developing a platform focused on one of the most strategically important supply chain challenges facing the United States today. We believe the potential combination could significantly broaden the markets and opportunities available to both organizations.” The company’s stock fell around 73% over the past month and has a 52-week low of $1.10.
- RSI Value: 28
- VIVK Price Action: Shares of Vivakor fell 4.7% to close at $1.22 on Friday.
- Benzinga Pro’s signals feature notified of a potential breakout in VIVK shares.
Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.
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