As of November 5, 2024, three stocks in the consumer discretionary sector are exhibiting overbought signals, potentially indicating a short-term price correction. Yum China Holdings (YUMC), Trip.com Group (TCOM), and Everi Holdings (EVRI) have all recently experienced price surges, pushing their Relative Strength Index (RSI) above the commonly accepted overbought threshold of 70. While strong performance is positive, these elevated RSI values suggest caution for investors focusing on momentum strategies.
Results for: Momentum
As of October 31, 2024, two real estate stocks, SL Green Realty Corp (SLG) and Digital Realty Trust Inc (DLR), are showing signs of being overbought based on their Relative Strength Index (RSI) readings. This could be a warning signal for investors who rely on momentum as a key factor in their trading decisions.
As of Oct. 28, 2024, three stocks in the industrials sector are exhibiting high Relative Strength Index (RSI) values, signaling potential overbought conditions. Investors seeking momentum-driven strategies should be cautious about these stocks, including American Airlines, United Airlines, and BWX Technologies.
As the US presidential election draws near, investors are looking for stocks that can weather the potential political storm and offer strong returns. This article highlights three companies—Costco, Cameco, and Amazon—with robust momentum and promising future prospects, regardless of the election outcome.
Investors using momentum as a key trading strategy should be cautious with TriMas Corp (TRS) and Eagle Materials Inc (EXP), both currently showing overbought signals based on their Relative Strength Index (RSI). Discover why these stocks are on the radar of investors and what the RSI indicator reveals.
Two energy stocks, RPC Inc (RES) and Comstock Resources (CRK), are showing signs of being overbought according to the Relative Strength Index (RSI), a momentum indicator. This could be a warning to investors who prioritize momentum in their trading decisions.
As of October 3, 2024, two stocks in the communication services sector, Madison Square Garden Sports Corp (MSG) and Sohu.com Ltd (SOHU), are exhibiting overbought signals based on their RSI values. These signals could be a warning for investors who prioritize momentum in their trading decisions.
As of Sept. 26, 2024, three information technology stocks are exhibiting signs of being overbought, according to the Relative Strength Index (RSI), a momentum indicator. Micron Technology, Progress Software, and Zeta Global have all seen recent gains, but their high RSI readings suggest they may be due for a correction.
As of September 25, 2024, five stocks in the industrials sector are exhibiting overbought signals, according to the Relative Strength Index (RSI). This suggests these stocks might be due for a short-term correction. Read on to learn about these five stocks and why their momentum might be waning.
Investors focusing on momentum might want to take notice of four healthcare stocks currently displaying overbought signals, according to the Relative Strength Index (RSI). Doximity, Gilead Sciences, Genfit, and Bullfrog AI all exhibit RSI values above 70, suggesting potential for a near-term price correction.