January 13, 2025
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As of Jan. 13, 2025, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
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 overbought when the RSI is above 70 , according to Benzinga Pro.
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Here's the latest list of major overbought players in this sector.
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This article Top 2 Industrials Stocks That May Fall Off A Cliff In January originally appeared on Benzinga.com
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