As of May 9, 2025, three stocks in the industrials 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.
LYFT Inc (NASDAQ:LYFT)
- On May 8, Lyft reported better-than-expected first-quarter EPS results. Also, the company announced a $750 million share buyback plan. “Q1 …
Full story available on Benzinga.com
As of May 9, 2025, three stocks in the industrials 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.
LYFT Inc (NASDAQ:LYFT)
- On May 8, Lyft reported better-than-expected first-quarter EPS results. Also, the company announced a $750 million share buyback plan. “Q1 …
Full story available on Benzinga.com
As of May 9, 2025, three stocks in the industrials 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.
LYFT Inc (NASDAQ:LYFT)
On May 8, Lyft reported better-than-expected first-quarter EPS results. Also, the company announced a $750 million share buyback plan. “Q1 …Full story available on Benzinga.com Read MoreExpert Ideas, industrials, LYFT, MTRX, MTW, News, Overbought stocks, RSI, Short Ideas, Pre-Market Outlook, Markets, Trading Ideas, MTRX, US5768531056, MTW, US5635711089, LYFT, News, Short Ideas, Pre-Market Outlook, Markets, Trading Ideas, Benzinga Markets
