Top 2 Energy Stocks That May Dip This Quarter

Benzinga
2024.12.23 13:38
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Two energy stocks, Profire Energy, Inc. (PFIE) and Adams Resources & Energy Inc. (AE), may be poised for a dip this quarter due to high Relative Strength Index (RSI) values of 70 and 76, respectively. Profire Energy's stock surged 79% over six months, closing at $2.54, while Adams Resources gained 52%, closing at $37.30. Both companies reported positive quarterly earnings, but their overbought status could signal potential declines in the near term.