Top 2 Energy Stocks That May Dip This Quarter
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Overbought Stocks in Energy Sector: As of December 23, 2024, Profire Energy and Adams Resources & Energy are identified as overbought stocks in the energy sector, with RSI values of 70 and 76 respectively, indicating potential caution for momentum-focused investors.
Recent Performance Highlights: Profire Energy's stock surged 79% over six months, closing at $2.54, while Adams Resources & Energy saw a 52% increase, closing at $37.30, following positive quarterly earnings reports.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
