As of Feb. 1, 2024, three stocks in the financial 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.
Nomura Holdings, Inc. (NYSE:NMR)
- On Jan. 31, Nomura Holdings posted a decline in quarterly EPS. The company’s stock jumped around 29% over the past month and has a 52-week high of $5.91 .
- RSI Value: 74.49
- NMR Price Action: Shares of Nomura gained 10.2% to close at $5.74 on Wednesday.
Citigroup Inc. (NYSE:C)
Mastercard Incorporated (NYSE:MA)
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