The most oversold stocks in the consumer staples 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.

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

Farmer Bros. Co. (NASDAQ:FARM)

• Farmer Bros posted a wider-than-expected quarter loss. "Our third quarter performance demonstrated our dedication to driving long-term growth and reflected sales and gross margin progress, which was offset by short-term impacts from the implementation of systems enhancements and optimized customer pricing structures,” said Farmer Brothers Chief Executive Officer Deverl Maserang. The company’s stock has a 52-week low of $1.88 .
• RSI Value: 27.23
• FARM Price Action: Shares of Farmer Bros. gained 3.9% to close at $2.14 on Monday.

The Hain Celestial Group, Inc. (NASDAQ:HAIN)

• The Hain Celestial reported worse-than-expected third-quarter adjusted EPS and sales results and lowered FY23 guidance. Wendy Davidson, Hain Celestial President and Chief Executive Officer, said, “Hain has undergone a significant transformation over the past four years, and we’re continuing to design an operating model that will enable sustainable scalability and growth for the future.” The company’s stock has a 52-week low of $13.05.
• RSI Value: 27.40
• HAIN Price Action: Shares of Hain Celestial rose 2.2% to close at $13.61 on Monday.

Arcadia Biosciences, Inc. (NASDAQ:RKDA)

• The company said revenues fell to $1.5 million in the first quarter, down from $3.2 million during the same period in 2022. We continue to focus on growing high quality revenue streams, as we closely manage resources," said Stan Jacot, president and CEO. The company’s stock has a 52-week low of $4.44.
• RSI Value: 27.88
• RKDA Price Action: Shares of Arcadia Biosciences gained 0.4% to close at $4.66 on Monday.

Tattooed Chef, Inc. (NASDAQ:TTCF)

• Tattooed Chef posted a narrower first-quarter loss. “Our results for Q1 2023 reflect progress towards our previously announced cost reduction and expansion initiatives,” said Sam Galletti, President and CEO. The company’s 52-week low is $0.61.
• RSI Value: 22.15
• TTCF Price Action: Shares of Tattooed Chef rose 0.3% to close at $0.6558 on Monday.

British American Tobacco p.l.c. (NYSE:BTI)

• British American Tobacco appointed Tadeu Marroco as Chief Executive Officer to succeed Jack Bowles, who is stepping down from the Board of Directors. “Since our A Better Tomorrow strategy was articulated in 2019, we have achieved clear momentum in our New Categories business, have established leadership in key markets and expect to deliver New Categories profitability earlier than originally planned,” said Chair Luc Jobin. The company has a 52-week low of $32.74.
• RSI Value: 29.22
• BTI Price Action: Shares of British American Tobacco dropped 0.1% to close at $33.15 on Monday.

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