Top 3 Utilities Stocks That May Fall Off A Cliff In January

fidelity
2026.01.09 11:38
portai
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Three utilities stocks may be at risk of significant declines in January 2026, based on momentum indicators. Enlight Renewable Energy (ENLT) has an RSI of 71.9 and was downgraded by JP Morgan, closing at $50.35. Hawaiian Electric (HE) reached a $47.75 million settlement and has an RSI of 71.1, closing at $13.66. Ellomay Capital (ELLO) reported strong earnings with an RSI of 75.5, closing at $28.40. These stocks show signs of being overbought, indicating potential volatility ahead.