As of Feb. 27, 2025, three stocks in the utilities 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.
WEC Energy Group Inc WEC
- On Feb. 4, the company reported worse-than-expected fourth-quarter financial results. The company's stock gained around 5% over the past month and has a 52-week high of $106.75.
- RSI Value: 70.1
- WEC Price Action: Shares of WEC Energy gained 0.1% to trade at $105.77 on Thursday.
Alliant Energy Corp LNT
- On Feb. 20, Alliant Energy posted better-than-expected quarterly earnings. The company's stock gained around 7% over the past month and has a 52-week high of $64.15.
- RSI Value: 74.9
- LNT Price Action: Shares of Alliant Energy gained 0.1% to trade at $64.00 on Thursday.
Avista Corp AVA
- On Feb. 26, Avista posted mixed quarterly results. The company's stock gained around 8% over the past month and has a 52-week high of $40.17.
- RSI Value: 71.8
- AVA Price Action: Shares of Avista fell 0.5% to trade at $39.70 on Thursday.
Read This Next:
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.