As of Sept. 19, 2024, three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.
Here's the latest list of major overbought players in this sector.
Instacart (NASDAQ:CART)
- On Sept. 5, Cantor Fitzgerald analyst Deepak Mathivanan initiated coverage on CART with an Overweight rating and announced a price target of $45.. The company's stock gained around 19% over the past month and has a 52-week high of $42.95.
- RSI Value: 76.17
- CART Price Action: Shares of Instacart gained 5.3% to close at $39.87 on Wednesday.
US Foods Holding Corp (NYSE:USFD)
- On Sept. 18, Wells Fargo analyst Edward Kelly maintained US Foods with an Overweight and raised the price target from $66 to $75. The company's stock gained around 5% over the past five days and has a 52-week high of $62.34.
- RSI Value: 73.11
- USFD Price Action: Shares of US Foods fell 0.4% to close at $60.91 on Wednesday.
Monster Beverage Corp (NASDAQ:MNST)
- On Aug. 19, Monster Beverage said its board authorized a new share repurchase program of up to $500 million of the company's outstanding common stock. As of Aug. 19, there were no authorized share repurchases remaining under the company's previously authorized buyback program. The company's stock gained around 12% over the past month and has a 52-week high of $61.22.
- RSI Value: 71.75
- MNST Price Action: Shares of Monster Beverage rose 2.5% to close at $52.35 on Wednesday.
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截至2024年9月19日,必需消費品板塊的三隻股票可能會向將動量視爲交易決策關鍵標準的投資者發出真正的警告。
這個 RSI 是一種動量指標,它比較股票在價格上漲的日子裏的走強與價格下跌的日子的走強。與股票的價格走勢相比,它可以讓交易者更好地了解股票在短期內的表現。根據Benzinga Pro的數據,當相對強弱指數高於70時,資產通常被視爲超買。
以下是該行業主要超買參與者的最新名單。
Instacart(納斯達克股票代碼:CART)
- 9月5日,坎託·菲茨傑拉德分析師迪帕克·馬蒂瓦南以增持評級啓動了對CarT的報道,並宣佈目標股價爲45美元。該公司的股票在過去一個月中上漲了約19%,創下52周高點42.95美元。
- RSI 值:76.17
- CarT價格走勢:週三,Instacart的股價上漲5.3%,收於39.87美元。
美國食品控股公司(紐約證券交易所代碼:USFD)
- 9月18日,富國銀行分析師愛德華·凱利維持美國食品增持,並將目標股價從66美元上調至75美元。該公司的股票在過去五天中上漲了約5%,創下52周高點爲62.34美元。
- 相對強弱指數值:73.11
- USFD價格走勢:週三,美國食品股價下跌0.4%,收於60.91美元。
怪獸飲料公司(納斯達克股票代碼:MNST)
- 8月19日,Monster Beverage表示,其董事會批准了一項新的股票回購計劃,回購該公司高達5億美元的已發行普通股。截至8月19日,該公司先前批准的回購計劃沒有剩餘的授權股票回購。該公司的股票在過去一個月中上漲了約12%,創下52周高點61.22美元。
- RSI 值:71.75
- mnST價格走勢:週三,Monster Beverage的股價上漲2.5%,收於52.35美元。
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