Top 3 Utilities Stocks That May Implode This Month

As of March 20, 2024, three 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.

Constellation Energy Corporation (NASDAQ:CEG)

Vistra Corp. (NYSE:VST)

  • On March 7, Vistra announced expansion of its board of directors with the appointment of Bill Pitesa. The company’s stock gained around 38% over the past month and has a 52-week high of $64.74.
  • RSI Value: 77.02
  • VST Price Action: Shares of Vistra gained 2.3% to close at $63.68 on Tuesday.

NRG Energy, Inc. (NYSE:NRG)

 

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