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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