As of Nov. 27, 2023, five stocks in the utilities 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.
Via Renewables, Inc. (NASDAQ:VIA)
Public Service Enterprise Group Incorporated (NYSE:PEG)
DTE Energy Company (NYSE:DTE)
Consolidated Water Co. Ltd. (NASDAQ:CWCO)
Korea Electric Power Corporation (NYSE:KEP)
- The company’s stock jumped around 12% over the past month. The company has a 52-week high of $8.85.
- RSI Value: 74.88
- KEP Price Action: Shares of Korea Electric Power gained 3.2% to close at $7.20 on Friday.
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