Top 2 Industrials Stocks That May Fall Off A Cliff In January

As of Jan. 13, 2025, two stocks in the industrials 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.

Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.

Here's the latest list of major overbought players in this sector.

Boeing Co BA

• Boeing will release its financial results for the fourth quarter of 2024 on Tuesday, Jan. 28. The company's stock surged around 1% over the past month and has a 52-week high of $228.28.
• RSI Value: 73.3                                
• BA Price Action: Shares of Boeing gained 0.1% to close at $172.00 on Friday.

Alaska Air Group Inc ALK

• On Jan. 7, Susquehanna analyst Christopher Stathoulopoulos upgraded Alaska Air from Neutral to Positive and raised the price target from $45 to $95. The company's stock gained around 9% over the past month and has a 52-week high of $69.10.
• RSI Value: 76.8
• ALK Price Action: Shares of Alaska Air gained 2.9% to close at $68.18 on Friday.

Read Next:

• If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
• Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!