Core Insights - Two stocks in the financial sector are identified as potentially overbought, which may concern momentum-focused investors [1][2] Company Summaries Paysign Inc (NASDAQ:PAYS) - Recently appointed Jose Garcia as executive vice president for Life Science Solutions, highlighting his expertise in the plasma collection and life sciences industries [7] - The stock has increased approximately 23% over the past month, reaching a 52-week high of $8.88 [7] - Current RSI value is 72.0, indicating overbought conditions, with shares closing at $6.29 after a 7.9% gain [7] - Momentum score is 95.70, with a value score of 10.39 [7] HSBC Holdings PLC (NYSE:HSBC) - Announced plans to exit retail banking operations in Sri Lanka, transferring about 200,000 customer accounts and related services to Nations Trust Bank PLC [7] - The stock has gained around 11% over the past month, with a 52-week high of $71.06 [7] - Current RSI value is 72.9, also indicating overbought conditions, with shares closing at $70.98 after a 0.7% gain [7]
Top 2 Financial Stocks That May Collapse This Quarter