As of March 10, 2025, three stocks in the financial 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</a>, according to Benzinga Pro.
Here’s the latest list of major overbought players in this sector.
Jack Henry & Associates Inc (NASDAQ:JKHY)
- On Feb. 4, …