Published on 26 Oct 2023 on Benzinga
Top 5 Health Care Stocks That Should Keep You Up At Night - HealthStream (NASDAQ:HSTM), Structure...
The most overbought stocks in the health care sector presents an opportunity to go short on these overvalued companies.
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.