Relative Strength Index (RSI)
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Top 2 Energy Stocks You May Want To Dump This Month
Benzinga· 2025-09-30 12:46
As of Sept. 30, 2025, two stocks in the energy 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 Benzi ...
Top 3 Consumer Stocks Which Could Rescue Your Portfolio In Q3
Benzinga· 2025-09-30 10:36
Core Insights - The consumer discretionary sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator for identifying oversold conditions, typically below 30 [1] Company Summaries - **Dutch Bros Inc (NYSE:BROS)**: - RSI Value: 27.5 - Recent stock performance: Fell 1% to close at $52.57 - Analyst rating: Outperform with a price target of $85; stock has dropped approximately 28% in the past month, with a 52-week low of $30.49 [8] - **Goodyear Tire & Rubber Co (NASDAQ:GT)**: - RSI Value: 16.8 - Recent stock performance: Fell 4.6% to close at $7.50 - Analyst rating: Neutral with a price target of $10; stock has decreased around 11% in the last five days, with a 52-week low of $7.43 [8] - **Deckers Outdoor Corp (NYSE:DECK)**: - RSI Value: 27.7 - Recent stock performance: Fell 2.4% to close at $103.28 - Analyst rating: Underperform with a price target of $100; stock has declined about 16% over the past month, with a 52-week low of $93.72 [8]
Bitcoin Bounces as Crypto Market Turns Green: Where Do Prices Go Next?
Yahoo Finance· 2025-09-29 18:38
Market Overview - The Average Directional Index (ADX) for Bitcoin is at 18, indicating a lack of clear trend in the market, with Bitcoin trading sideways for weeks [1] - The Relative Strength Index (RSI) for Bitcoin is at 52, suggesting a neutral market where neither bulls nor bears have decisive control [2] - Bitcoin has shown a measured recovery, gaining 1.85% to close at $113,985, with an intraday peak of $114,309 [3] Economic Context - The Federal Reserve cut its benchmark rate by 25 basis points to a range of 4.00%-4.25%, with ongoing uncertainty around inflation [4] - The total market capitalization of cryptocurrencies has rebounded to $3.91 trillion, up 3.29% in the past 24 hours, with 95% of the top 100 cryptocurrencies posting gains [5] Technical Indicators - Bitcoin's 50-day EMA is above the 200-day EMA, indicating bullish sentiment, but the gap is closing, which may lead to a "death cross" formation if the trend continues [7][8] - The ADX for Solana is at 27, suggesting that bulls maintain control despite modest gains [14] Predictions and Sentiment - On Myriad, traders place the odds at 46% that Bitcoin will hit $125K before $105K, reflecting a cautious market sentiment [9] - Predictions for Solana hitting a new all-time high have dropped to 40%, down from 65% just over a week ago [16] Key Levels - Immediate support for Bitcoin is at $108,000, with resistance at $114,309 and strong resistance at $117,000 [12] - For Solana, immediate support is at $204.82, with strong support at $200.00 and immediate resistance at $213.58 [18] Upcoming Events - The upcoming SEC decisions on Solana ETF applications could serve as a catalyst for institutional flows, with a 90% approval chance estimated by Bloomberg analysts [15]
Bargain Alert on 3 Stocks Investors Have Oversold
MarketBeat· 2025-09-29 12:56
Core Insights - The Relative Strength Index (RSI) is a key tool for technical analysts to assess stock momentum and identify overbought or oversold conditions [1] - An RSI threshold of 30 indicates potential oversold conditions, suggesting a possible trend reversal for future gains [2] Amentum Overview - Amentum (AMTM) is a defense contractor providing various services, with shares down approximately 20% over the past year despite a strong fiscal Q3 performance [3] - Revenue increased by 66% year-over-year on a GAAP basis, although it fell short of analyst expectations; the company achieved a 3-cent earnings beat and repaid $450 million in debt [4] - Six out of ten analysts rated AMTM as a Buy, with a consensus price target of $28.40, indicating over 27% upside potential from the current price [5] - Amentum's RSI is currently at 25.7, indicating oversold conditions, while short interest has risen by 14% [6] Gogo Overview - Gogo Inc. (GOGO) is a provider of in-flight wireless and entertainment services, with shares currently priced at $9.11 [7] - The company launched its Galileo HDX satcom service and is rolling out enhanced 5G services to compete with Starlink [8] - Gogo reported record equipment sales, leading to free cash flow of $62 million, but shares have fallen nearly 21% in the last month despite a 6% year-to-date increase [9] - Gogo's RSI is at 12.8, indicating oversold conditions, with short interest increasing by almost 8% [10] DoubleVerify Overview - DoubleVerify Inc. (DV) specializes in digital media data and analytics, with shares priced at $11.90 [12] - The company experienced a 21% year-over-year revenue increase and raised its revenue growth guidance from 13% to 15% for the year [13] - DoubleVerify's RSI is at 17.9, suggesting oversold conditions, while short interest has decreased by over 8% [14] - Fourteen analysts rated DV as a Buy, indicating a potential upside of about 62% [14]
Top 3 Defensive Stocks That May Fall Off A Cliff This Quarter
Benzinga· 2025-09-29 12:01
Group 1 - As of September 29, 2025, three stocks in the consumer staples sector are identified as potentially overbought, which may concern momentum-focused investors [1][2] - The Relative Strength Index (RSI) is a key momentum indicator, with values above 70 indicating that a stock may be overbought [2] Group 2 - PriceSmart Inc (NASDAQ: PSMT) reported better-than-expected third-quarter results, with a stock gain of approximately 13% over the past month and a 52-week high of $121.50. The RSI value is 73, and the stock closed at $120.94 [5] - United Natural Foods Inc (NYSE: UNFI) was upgraded by BMO Capital from Market Perform to Outperform, with a price target increase from $25 to $36. The stock gained around 12% over the past month, reaching a 52-week high of $34.76, with an RSI value of 70.6 and a closing price of $31.62 [5] - Empro Group Inc (NASDAQ: EMPG) announced the closing of a $5.5 million IPO, resulting in a stock gain of approximately 61% over the past month and a 52-week high of $16.88. The RSI value is 82.2, and the stock closed at $16.88 [5]
Crypto Market Battles Sea of Red and Growing Fear, But HYPE Floats
Yahoo Finance· 2025-09-26 20:02
Market Overview - The total market cap of cryptocurrencies has decreased by 1.8% to $3.75 trillion, indicating a negative sentiment in the crypto market [1] - The Crypto Fear and Greed Index has dropped to 28, reflecting a state of "fear" and marking the most pessimistic reading since April [3] Hyperliquid (HYPE) Performance - Hyperliquid's token, HYPE, has increased by 9.26%, making it the only cryptocurrency in the top 11 to show gains amidst a broader market decline [1][6] - HYPE has experienced significant growth, rising over 20% in the last three months and nearly 600% in the past year, with a current market cap of $12.2 billion [5] - The price of HYPE surged from a low of $40.376 to $44.114, demonstrating resilience in a challenging market environment [6] Technical Analysis - HYPE's price behavior suggests a potential end to a major correction, despite being down close to 10% in the last 30 days [7] - The Relative Strength Index (RSI) is being monitored, with readings below 30 indicating oversold conditions, which may signal a buying opportunity for traders [7]
MYX Finance’s Weakening Correlation With Bitcoin Could Drive 48% Price Recovery
Yahoo Finance· 2025-09-26 19:30
trending altcoins, pump.fun. Photo by BeInCrypto MYX Finance has faced heavy selling pressure recently, with the altcoin plunging 48% from its highs and falling below $10. The drop comes as market conditions remain broadly bearish. However, technical indicators and a shift in correlation with Bitcoin suggest a potential rebound may be on the horizon. MYX Finance Is Still Running Strong The Relative Strength Index (RSI) shows that bullish momentum in MYX remains intact despite the heavy decline. The ind ...
Rigel (RIGL) Loses 27.0% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-09-26 14:36
Core Viewpoint - Rigel Pharmaceuticals (RIGL) has experienced significant selling pressure, resulting in a 27% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously expected, indicating potential for recovery [1] Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if RIGL is oversold, with a current RSI reading of 29.82 suggesting that selling pressure may be exhausting [2][5] - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify potential price reversals, making it a useful tool for investors seeking entry points [3] Group 2: Fundamental Analysis - There is a strong consensus among sell-side analysts to raise earnings estimates for RIGL, with a 19.5% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7] - RIGL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [8]
BNB Slips Below $1K as Crypto Market Drops, Fear Index Nears ‘Fear’
Yahoo Finance· 2025-09-25 15:33
Market Overview - BNB, the token for the BNB Chain, experienced a decline of over 2% in the last 24 hours amid a broader downturn in the cryptocurrency market [1] - The Crypto Fear and Greed Index is currently at 41, indicating a neutral sentiment close to fear, while the average crypto relative strength index (RSI) suggests oversold conditions [1] Price Movement - BNB's price fell from $1,025 to just under $1,000, with resistance forming near $1,035, while the CoinDesk 20 (CD20) index dropped by 3.7% [2] - BNB traded within a range of $49 over the past 24 hours, with a low of $993 and strong resistance just above $1,030 [4] - Support levels held firm around $987, with a brief recovery pushing the price from just below $990 to near $994 [4] Transaction Fee Proposal - BNB Chain validators proposed to reduce gas fees from 0.1 to 0.05 gwei, which would lower average transaction costs to approximately $0.005 and improve block speeds from 750 milliseconds to 450 milliseconds [2] - This proposal comes as on-chain trading activity is increasing on the BNB Chain, particularly following the launch of the decentralized trading platform Aster, which has surpassed Hyperliquid in daily perpetual trading volumes [3] Trading Dynamics - Trading volume indicates a shift from aggressive selling to slower accumulation, with support consolidating near $989 and resistance emerging just under $996 [4]
Gold Just Hit Its Most Overbought Level in 45 Years According to This Chart
Yahoo Finance· 2025-09-24 18:42
Group 1 - Gold has reached extreme overbought conditions, with a Relative Strength Index (RSI) of 89.72, the highest since at least 1980 [1][3] - The recent rally in gold prices, approximately 43% in 2025, is attributed to macroeconomic uncertainty, central bank buying, and increased demand for safe-haven assets [2][5] - Central banks have significantly increased their gold reserves in 2025, providing structural support to gold prices [6] Group 2 - The current RSI level suggests sustained bullish momentum, but also indicates potential exhaustion, warning traders of possible price corrections or consolidations [3][4] - Factors such as declining real yields due to global rate cuts, persistent inflation concerns, and geopolitical tensions are driving gold's appeal [5][6] - Analysts are projecting that gold prices could reach $5,000 by the end of 2025, supported by a weakening U.S. dollar and expectations of further monetary easing [6]