As of May 20, 2025, two stocks in the consumer staples 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.
Chefs’ Warehouse Inc (NASDAQ:CHEF)
- On …
Full story available on Benzinga.com
As of May 20, 2025, two stocks in the consumer staples 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.
Chefs’ Warehouse Inc (NASDAQ:CHEF)
- On …
Full story available on Benzinga.com
As of May 20, 2025, two stocks in the consumer staples 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.
Chefs’ Warehouse Inc (NASDAQ:CHEF)
On …Full story available on Benzinga.com Read MoreCHEF, consumer staples, DG, Expert Ideas, MTW, News, Overbought stocks, RSI, Short Ideas, Pre-Market Outlook, Markets, Trading Ideas, MTW, US5635711089, DG, US2566771059, CHEF, News, Short Ideas, Pre-Market Outlook, Markets, Trading Ideas, Benzinga News