High 3 Well being Care Shares You Could Need To Dump In February – Pulmonx (NASDAQ:LUNG), Pediatrix Medical Group (NYSE:MD)

As of Feb. 20, 2025, three shares within the well being care sector may very well be flashing an actual warning to buyers who worth momentum as a key standards of their buying and selling choices.

The RSI is a momentum indicator, which compares a inventory’s energy on days when costs go as much as its energy on days when costs go down. When in comparison with a inventory’s worth motion, it can provide merchants a greater sense of how a inventory might carry out within the brief time period. An asset is usually thought-about overbought when the RSI is above 70, in response to Benzinga Professional.

This is the newest listing of main overbought gamers on this sector.

Pulmonx Corp LUNG

• On Feb. 19, Pulmonx reported better-than-expected quarterly monetary outcomes and issued FY25 gross sales steering above estimates. “Our file quarterly and full yr outcomes underscore the continued success of our targeted technique and execution in additional increasing our account base, optimizing affected person workflows, and elevating consciousness amongst each sufferers and referring physicians,” stated Steve Williamson, President & Chief Government Officer. The corporate’s inventory gained round 44% over the previous month and has a 52-week excessive of $14.52.
• RSI Worth: 75                                   
• LUNG Worth Motion: Shares of Pulmonx gained 44.3% to commerce at $8.93 on Thursday.

Pediatrix Medical Group Inc MD

• On Feb. 20, Pediatrix Medical Group reported better-than-expected quarterly monetary outcomes. “Our sturdy fourth quarter outcomes mirror continued top-line outperformance versus our expectations, the completion of our portfolio restructuring, and the associated overhead expense reductions,” stated Mark S. Ordan, Chief Government Officer of Pediatrix Medical Group. The corporate’s inventory gained round 21% over the previous month and has a 52-week excessive of $17.67.
• RSI Worth: 73.3
• MD Worth Motion: Shares of Pediatrix Medical gained 20.5% to commerce at $16.91 on Thursday.

SpringWorks Therapeutics Inc SWTX

• On Feb. 20, SpringWorks Therapeutics posted FY 2024 GAAP lack of $3.48 per share on gross sales of $191.59 million. “We’re more than happy with the sturdy execution of OGSIVEO in 2024 and imagine that we’re nonetheless within the early phases of realizing the complete potential of our alternative to serve the desmoid tumor neighborhood. With the current FDA approval of GOMEKLI for adults and youngsters with NF1-PN, we imagine we’re able to ship one other sturdy launch and are delighted that the broad label allows us to assist sufferers all through their remedy journey,” stated Saqib Islam, Chief Government Officer of SpringWorks. The corporate’s inventory gained round 65% over the previous month and has a 52-week excessive of $62.00.
• RSI Worth: 75.1
• SWTX Worth Motion: Shares of SpringWorks Therapeutics gained 7.7% to commerce at $60.02 on Thursday.

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