As of Dec. 9, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Here's the latest list of major overbought players in this sector.
Golar LNG Limited (NASDAQ:GLNG)
New Fortress Energy Inc (NASDAQ:NFE)
Profire Energy, Inc. (NASDAQ:PFIE)
- On Nov. 6, Profire Energy posted in-line quarterly earnings. The company's stock gained around 76% over the past six months and has a 52-week high of $1.33.
- RSI Value: 84.40
- PFIE Price Action: Shares of Profire Energy closed at $2.54 on Friday.
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