As of April 2, 2025, three stocks in the consumer discretionary 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.
Here’s the latest list of major overbought players in this sector.
QuantaSing Group Ltd- ADR (NASDAQ:QSG)
- On March 24, QuantaSing Group expanded into pop toys market with strategic acquisition of Letsvan. “This investment reflects our strategic approach to deploying our abundant cash reserves to capture structural opportunities in the consumer sector,” said Mr. Peng Li, the founder, Chairman, and CEO …
Full story available on Benzinga.com
As of April 2, 2025, three stocks in the consumer discretionary 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.
Here’s the latest list of major overbought players in this sector.
QuantaSing Group Ltd- ADR (NASDAQ:QSG)
- On March 24, QuantaSing Group expanded into pop toys market with strategic acquisition of Letsvan. “This investment reflects our strategic approach to deploying our abundant cash reserves to capture structural opportunities in the consumer sector,” said Mr. Peng Li, the founder, Chairman, and CEO …
Full story available on Benzinga.com
As of April 2, 2025, three stocks in the consumer discretionary 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.
Here’s the latest list of major overbought players in this sector.
QuantaSing Group Ltd- ADR (NASDAQ:QSG)
On March 24, QuantaSing Group expanded into pop toys market with strategic acquisition of Letsvan. “This investment reflects our strategic approach to deploying our abundant cash reserves to capture structural opportunities in the consumer sector,” said Mr. Peng Li, the founder, Chairman, and CEO …Full story available on Benzinga.com Read MoreConsumer Stocks, Expert Ideas, GRPN, News, Overbought stocks, PVH, QSG, RSI, Short Ideas, Pre-Market Outlook, Markets, Trading Ideas, PVH, US6936561009, GRPN, QSG, News, Short Ideas, Pre-Market Outlook, Markets, Trading Ideas, Benzinga News
