Core Insights - Two stocks in the financial sector, Nomura Holdings Inc and Mizuho Financial Group Inc, are identified as potentially overbought based on momentum indicators [1][2]. Company Summaries - Nomura Holdings Inc (NYSE:NMR): - Reported better-than-expected quarterly earnings on October 28, leading to a stock gain of approximately 15% over the past month - Achieved a 52-week high of $9.47 - Current RSI value is 86.1, indicating overbought conditions - Stock price rose by 1.4% to close at $9.39 on Thursday - Momentum score is 90.75 [4]. - Mizuho Financial Group Inc (NYSE:MFG): - Announced $1 million in grants through the Mizuho USA Foundation on January 5, aimed at supporting technology skills and career pathways for young adults - Stock also gained around 15% over the past month, with a 52-week high of $8.59 - Current RSI value is 84.8, also indicating overbought conditions - Stock price increased by 1.2% to close at $8.49 on Thursday [4].
Top 2 Financial Stocks That May Crash In Q1