
Healthcare divergence today: insurers overbought while IT consulting getting crushed
Been tracking RSI levels daily and today something stood out in Healthcare.
Insurers are extremely overbought. HUM at 88.7, UNH at 85.6, CVS at 81.7. All three above the upper Bollinger Band.
At the same time CTSH is at 16.9 and EPAM at 13.5. Both below MA200 and sitting at the lower Bollinger Band.
Same sector, completely opposite momentum. Not something you see every day.
Not calling a trade, just found it interesting. Anyone else tracking these?