SAPX... May be time for a bounce on these oversold levels. Seven Arts Pictures plc. (NASDAQ: SAPX) fell south Monday afternoon, falling by 22.95% to a market valuation of $0.0366 per share. SAPX has seen a steady decline downwards for the past few months, declining farther with this week’s commencing trading session. Volume however rose to 9.43M, leaving behind its average of 3.45M. RSI for SAPX resides at 19.03, indicative of highly oversold levels for the company.