As of April 15, 2025, three stocks in the health care 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.
Certara Inc (NASDAQ:CERT)
- On April 14, Certara issued a year-over-year increase in its first-quarter revenue guidance and announced a $100 million share repurchase program. Additionally, the …
Full story available on Benzinga.com
As of April 15, 2025, three stocks in the health care 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.
Certara Inc (NASDAQ:CERT)
- On April 14, Certara issued a year-over-year increase in its first-quarter revenue guidance and announced a $100 million share repurchase program. Additionally, the …
Full story available on Benzinga.com
As of April 15, 2025, three stocks in the health care 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.
Certara Inc (NASDAQ:CERT)
On April 14, Certara issued a year-over-year increase in its first-quarter revenue guidance and announced a $100 million share repurchase program. Additionally, the …Full story available on Benzinga.com Read MoreCERT, Expert Ideas, health care stocks, News, Overbought stocks, SMMT, THRD, Short Ideas, Pre-Market Outlook, Markets, THRD, US8723911074, SMMT, CERT, News, Short Ideas, Pre-Market Outlook, Markets, Benzinga Markets
