Top 5 Financial Stocks You May Want To Dump In September
Portfolio Pulse from Lisa Levin
The article lists five financial stocks that are considered overbought and may be worth selling in September. These include MoneyLion Inc. (NYSE:ML), DLocal Limited (NASDAQ:DLO), Affirm Holdings, Inc. (NASDAQ:AFRM), Ryan Specialty Holdings, Inc. (NYSE:RYAN), and Payoneer Global Inc. (NASDAQ:PAYO). The Relative Strength Index (RSI) of these stocks is above 70, indicating they are overbought.
September 05, 2023 | 11:22 am
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NEGATIVE IMPACT
Affirm Holdings, Inc. is considered overbought with an RSI of 73.26. The stock closed at $21.86 on Friday.
The RSI of Affirm Holdings is above 70, indicating it is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
DLocal Limited is considered overbought with an RSI of 70.60. The stock closed at $21.61 on Friday.
The RSI of DLocal is above 70, indicating it is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
MoneyLion Inc. is considered overbought with an RSI of 70.55. The stock closed at $23.08 on Friday.
The RSI of MoneyLion is above 70, indicating it is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Payoneer Global Inc. is considered overbought with an RSI of 72.61. The stock closed at $6.27 on Friday.
The RSI of Payoneer Global is above 70, indicating it is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ryan Specialty Holdings, Inc. is considered overbought with an RSI of 70.21. The stock closed at $48.98 on Friday.
The RSI of Ryan Specialty Holdings is above 70, indicating it is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100