Top 5 Financials Stocks That May Fall Off A Cliff This Month

Core Insights - Five stocks in the financial sector are showing signs of being overbought, which may concern momentum-focused investors [1][2] Company Summaries - Columbia Banking System Inc (COLB): Reported better-than-expected Q2 earnings with a stock gain of approximately 36% over the past month and a closing price of $26.99. The RSI value is 86.63, indicating overbought conditions [3] - Hartford Financial Services Group Inc (HIG): Achieved better-than-expected Q2 results with a trailing 12-month core earnings ROE of 17.4%. The stock rose about 8% in the last five days, closing at $109.63, with an RSI value of 79.84 [4] - KeyCorp (KEY): Reported better-than-expected quarterly sales, with a stock increase of around 16% over the past month, closing at $16.46. The RSI value stands at 70.06 [5] - Zions Bancorporation (ZION): Delivered better-than-expected quarterly results, with a stock jump of approximately 21% over the past month, closing at $52.29. The RSI value is 71.11 [6] - Bank of Marin Bancorp (BMRC): Maintained an Outperform rating with a price target of $21. The stock surged about 36% over the past month, closing at $22.35, with an RSI value of 72.99 [7]