Domino's Pizza is among the most overbought stocks on Wall Street. Here are the others

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

These are the week's most overbought and oversold S&P 500 stocks.

Domino's Pizza and Zions Bancorporation are among some of the most overbought stocks on Wall Street this week, as the S & P 500 rose about 0.7%. The 14-day relative strength indicators for both stocks hovered around 86 on Friday. The RSI measures the speed and size of a stock's price change and can be used to separate the most overvalued and undervalued securities. Wall Street considers a stock overbought and due for a potential pullback when its RSI pushes above 70.

Domino's Pizza hovers around a similar RSI to Zions. A little over half of analysts rate shares a buy, with the average price implying rangebound action from here. So far this year the stock's gained about 11.3% and it's up 14.4% this month. Other overbought names include Global Payments and SLB . Meanwhile , Discover Financial topped the list of the most oversold stocks in the S & P 500, with an RSI of roughly 27. Shares lost 11.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

'USA' chants break out on Wall Street as anti-woke company goes public'Today was a special day for our company, our movement, the stock market, and the country,' Michael Seifert, founder and CEO of officialpsq told Newsweek.
Bron: Newsweek - 🏆 468. / 52 Lees verder »