Top 2 Materials Stocks That May Collapse This Quarter
Top 2 Materials Stocks That May Collapse This Quarter
As of June 14, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
截至2024年6月14日，材料板塊中的兩隻股票可能向那些將動量視爲交易決策關鍵標準的投資者發出真正的警告。
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.
RSI是一種動量指標，它將股票在股價上升的日子裏的強度與在股價下跌的日子裏的強度進行比較。與股票價格的走勢相比，它可以讓交易員更好地了解股票在短期內的表現。當RSI高於70時，資產通常被認爲是超買的，據Benzinga Pro稱。
Here's the latest list of major overbought players in this sector.
以下是行業中超買的主要股票列表。
Element Solutions Inc (NYSE:ESI)
Element Solutions Inc（紐交所:ESI）
- On June 11, Element Solutions increased its second-quarter and FY24 guidance. President and CEO Benjamin Gliklich said, "The strength in our electronics business and improvement in our overall profitability have continued and, in certain areas, accelerated in the second quarter. Our wafer level packaging and circuitry businesses, in particular, have ramped to support strong customer growth these past two months. While electronic markets are recovering in certain pockets, overall unit and chemistry volumes remain below long-term trend levels. Nonetheless, and despite what is a generally weaker industrial environment, we expect in 2024 to generate record adjusted EBITDA since the founding of Element Solutions in 2019." The company's stock gained around 14% over the past five days and has a 52-week high of $27.08.
- RSI Value: 72.19
- ESI Price Action: Shares of Element Solutions fell 0.7% to close at $26.75 on Thursday.
- 6月11日，Element Solutions提高了其第二季度及FY24指導，總裁兼首席執行官本傑明·格里克里希說:"我們電子業務的實力和整體盈利能力的提高在第二季度持續，並在某些領域加速增長。我們的晶圓級封裝和電路業務，特別是過去兩個月已經迅速增長，以支持客戶的強勁增長。雖然電子市場在某些領域正在復甦，但整體銷售量和化學品銷售量仍然低於長期趨勢水平。儘管如此，在興業證券成立以來，我們預計在2024年實現創紀錄的調整後的EBITDA。"該公司的股票在過去五天內上漲了約14％，並創下了52周高位27.08美元。
- RSI值：72.19
- ESI價格行動：Element Solutions的股票在週四收盤時下跌0.7％，收於26.75美元。
Air Products and Chemicals Inc (NYSE:APD)
Air Products and Chemicals Inc（紐交所:APD）
- On June 7, Air Products and Chemicals inked a 15-year agreement with TotalEnergies SE (NYSE:TTE) to supply 70,000 tons of green hydrogen annually in Europe, starting in 2030. Air Products' Chairman, President and CEO Seifi Ghasemi commented, "We always believed that if we made clean hydrogen available at commercial scale, the demand would be there. This contract validates our long-term strategy. Clearly the demand is here, and it will grow significantly as we move forward, playing an essential role in decarbonizing heavy industry and other sectors." The company's stock gained around 15% over the past month and has a 52-week high of $307.71.
- RSI Value: 79.70
- APD Price Action: Shares of Air Products and Chemicals rose 0.8% to close at $285.31 on Thursday.
- 6月7日，Air Products and Chemicals與TotalEnergies SE（紐交所:TTE）簽訂了一份爲期15年的協議，從2030年開始在歐洲供應70,000噸綠色氫氣。Air Products的主席、總裁兼首席執行官Seifi Ghasemi評論說:"我們一直相信，如果我們在商業規模上提供清潔氫氣，需求就會出現。這份合同驗證了我們的長期戰略。顯然，需求正在這裏，隨着我們前進，需求將顯著增長，成爲去碳化重工業和其他行業的重要角色。"該公司的股票在過去一個月內上漲了約15％，並創下了52周高位307.71美元。
- RSI值：79.70
- APD價格行動：Air Products and Chemicals的股票在週四上漲了0.8％，收於285.31美元。
Read More: Over $105M Bet On This Oil Giant? Check Out These 3 Stocks Insiders Are Buying
閱讀更多：超過1.05億美元的下注？看看這3只股票內部交易者正在購買。
譯文內容由第三人軟體翻譯。