The top 2 industrial stocks that could fall off a cliff in January

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As of January 13, 2025, two stocks in the industrials sector could show real warning to investors who value momentum as a key criterion in their trading decisions.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices rise to its strength on days when prices fall. Compared to a stock’s price action, it can give traders a better idea of how a stock is performing in the short term. An asset is usually considered overbought when the RSI is above 70according to Benzinga Pro.

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

Boeing will report its financial results for the fourth quarter of 2024 on Tuesday, January 28. The company’s shares rose about 1% over the past month and have a Maximum of 52 weeks of $228.28.
RSI value: 73.3
BA Price Action: Boeing shares gained 0.1% to close at $172.00 on Friday.

On January 7, Susquehanna analyst Christopher Stathoulopoulos upgraded Alaska Air from neutral to positive and raised the price target from $45 to $95. The company’s shares gained about 9% over the past month and has a maximum of 52 weeks of $69.10.
RSI value: 76.8
ALK Price Action: Shares of Alaska Air gained 2.9% to close at $68.18 on Friday.

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