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Benzinga
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Top 3 Utilities Stocks You May Want To Dump In January

1. Southern Co. shows overbought RSI at 70.4 as stock rises. 2. Exelon Corp upgraded by analyst, RSI at 73.6, stock climbs 8%. 3. American Electric Power's RSI at 84.5 after significant stock gain.

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FAQ

Why Bullish?

Stocks showing strong momentum may boost S&P 500, similar to previous market trends.

How important is it?

Overbought stocks may signal future price corrections, influencing S&P 500 investor behavior.

Why Short Term?

Momentum indicators typically reflect close-term movements, impacting investor sentiments.

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