The most oversold stocks in the information technology 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.

Zscaler Inc (NASDAQ:ZS)

• On April 9, BTIG analyst Gray Powell downgraded Zscaler from Buy to Neutral. The company's stock fell around 22% over the past month and has a 52-week low of $120.76.
• RSI Value: 29.9
• ZS Price Action: Shares of Zscaler fell 11.4% to close at $122.21 on Thursday.
• Edge Stock Ratings: 2.00 Momentum score.

Intuit Inc (NASDAQ:INTU)          

• On March 16, Intuit said it will significantly speed up its share‑repurchase program and revealed that its senior leadership team is canceling all pre‑scheduled stock‑sale plans. The company's stock fell around 16% over the past five days and has a 52-week low of $349.00.
• RSI Value: 28.5
• INTU Price Action: Shares of Intuit slipped 6.9% to close at $361.69 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in INTU stock.

Asana Inc (NYSE:ASAN)

• On March 2, Asana reported quarterly earnings of eight cents per share, which beat the consensus estimate of seven cents, according to Benzinga Pro data. Quarterly revenue came in at $205.57 million, which beat the Street estimate of $205.13 million. "FY26 was a year of meaningful progress as we advanced Asana into a multi-product platform and strengthened our position as the foundational system of action layer for the Agentic Enterprise," said CEO Dan Rogers. The company's stock fell around 22% over the past month and has a 52-week low of $5.54.
• RSI Value: 26.9
• ASAN Price Action: Shares of Asana fell 5.3% to close at $5.73 on Thursday.
• Benzinga Pro’s signals feature notified of a potential breakout in ASAN 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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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.