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Top 2 Financial Stocks That May Fall Off A Cliff In January
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Top 2 Financial Stocks That May Fall Off A Cliff In January
Jan 8, 2025 3:55 AM

As of Jan. 8, 2025, two stocks in the financial 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.

Lesaka Technologies Inc (NASDAQ:LSAK)

Lesaka Technologies ( LSAK ) will release second quarter 2025 results after the closing bell on Feb. 5. The company's stock surged around 13% over the past six months and has a 52-week high of $5.60.

RSI Value: 71.6                                

LSAK Price Action: Shares of Lesaka Technologies ( LSAK ) jumped 2.3% to close at $5.27 on Tuesday.

Central Plains Bancshares Inc (NASDAQ:CPBI)

On Oct. 28, Central Plains Bancshares ( CPBI ) adopted repurchase program of up to 200,000 shares of its common stock. The company's stock gained around 4% over the past month and has a 52-week high of $15.46.

RSI Value: 74.3

CPBI Price Action: Shares of Central Plains Bancshares ( CPBI ) gained 1.4% to close at $15.00 on Tuesday.

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