Tech stocks overbought, Amazon drops on cloud growth, concerns over market resilience and Seven & I's growth potential

1 min read
Source: CNBC
Tech stocks overbought, Amazon drops on cloud growth, concerns over market resilience and Seven & I's growth potential
Photo: CNBC
TL;DR Summary

A market analysis shows that several tech stocks, including Apple and Microsoft, are among the most overbought S&P 500 stocks, while several energy and financial stocks are among the most oversold. The analysis is based on the Relative Strength Index (RSI), which measures the momentum of a stock's price movement.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

0 min

vs 1 min read

Condensed

-16%

4350 words

Want the full story? Read the original article

Read on CNBC