As of June 6, 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 Benzinga Pro.
Here’s the latest list of major overbought players in this sector.
Profrac Holding Corp (NASDAQ:ACDC)
- On May 7, ProFrac Holding posted better-than-expected quarterly sales. “Our first quarter 2025 results were strong, with revenue increasing 32% and Adjusted EBITDA increasing 83% versus fourth quarter 2024. …
Full story available on Benzinga.com
As of June 6, 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 Benzinga Pro.
Here’s the latest list of major overbought players in this sector.
Profrac Holding Corp (NASDAQ:ACDC)
- On May 7, ProFrac Holding posted better-than-expected quarterly sales. “Our first quarter 2025 results were strong, with revenue increasing 32% and Adjusted EBITDA increasing 83% versus fourth quarter 2024. …
Full story available on Benzinga.com
As of June 6, 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 Benzinga Pro.
Here’s the latest list of major overbought players in this sector.
Profrac Holding Corp (NASDAQ:ACDC)
On May 7, ProFrac Holding posted better-than-expected quarterly sales. “Our first quarter 2025 results were strong, with revenue increasing 32% and Adjusted EBITDA increasing 83% versus fourth quarter 2024. …Full story available on Benzinga.com Read MoreACDC, CLCO, energy stocks, Expert Ideas, News, Overbought stocks, RSI, Short Ideas, Pre-Market Outlook, Markets, Trading Ideas, ACDC, CLCO, News, Short Ideas, Pre-Market Outlook, Markets, Trading Ideas, Benzinga Markets
