Workflow
Top 3 Financials Stocks That May Plunge In September
HDBHDFC Bank (HDB) Benzinga·2024-09-23 13:05

As of Sept. 23, 2024, three stocks in the financials 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 t ...