As of March 21, 2025, two shares within the vitality sector could possibly be flashing an actual warning to buyers who worth momentum as a key standards of their buying and selling choices.
The RSI is a momentum indicator, which compares a inventory’s power on days when costs go as much as its power on days when costs go down. When in comparison with a inventory’s value motion, it may give merchants a greater sense of how a inventory could carry out within the brief time period. An asset is often thought-about overbought when the RSI is above 70, in keeping with Benzinga Professional.
This is the most recent checklist of main overbought gamers on this sector.
Genesis Vitality, L.P. GEL
- On March 17, Wells Fargo upgraded the inventory from Equal-Weight to Obese and raised its value goal from $15 to $18. RBC Capital additionally raised its value goal on the inventory. The corporate’s inventory gained round 25% over the previous month and has a 52-week excessive of $15.27.
- RSI Worth: 80.6
- GEL Worth Motion: Shares of Genesis Vitality gained 1.6% to shut at $15.05 on Thursday.
KNOT Offshore Companions LP KNOP
- On March 19, KNOT Offshore Companions posted better-than-expected fourth-quarter gross sales. Derek Lowe, Chief Govt Officer and Chief Monetary Officer of KNOT Offshore Companions LP, acknowledged, “We’re happy to report one other sturdy efficiency in This autumn 2024, marked by protected operation at 98.3% fleet utilization from scheduled operations, constant income and working earnings technology, and materials progress in securing extra constitution protection for our fleet.” The corporate’s inventory gained round 25% over the previous month and has a 52-week excessive of $9.11.
- RSI Worth: 82.7
- KNOP Worth Motion: Shares of KNOT Offshore Companions gained 12.3% to shut at $6.32 on Thursday.
Learn This Subsequent:
Momentum86.27
Progress15.18
High quality–
Worth70.52
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