Top 3 Materials Stocks That May Collapse In March

As of March 14, 2025, three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.

Here's the latest list of major overbought players in this sector.

Radius Recycling Inc RDUS

• On March 13, Radius Recycling agreed to be acquired by US subsidiary of Toyota Tsusho for $30.00 per share in cash. “We are excited to have reached this agreement with TTC, which builds on our longstanding relationship and provides us with increased opportunities for our talented team, broader products and services for our suppliers, customers and communities, and an expanded platform for our more than 100 operating sites while delivering significant immediate value to our shareholders,” said Tamara L. Lundgren, Radius’ Chairman and Chief Executive Officer. The company's stock gained around 8% over the past month and has a 52-week high of $21.42.
• RSI Value: 87.9                                
• RDUS Price Action: Shares of Radius Recycling fell 2.3% to close at $13.66 on Thursday.

Gold Fields Ltd GFI

• On Dec. 6, 2024, JP Morgan analyst Allan Cooke maintained Gold Fields with a Neutral and lowered the price target from $18 to $17.1. The company's stock gained around 10% over the past month and has a 52-week high of $20.83.
• RSI Value: 70.1
• GFI Price Action: Shares of Gold Fields gained 2.8% to close at $20.75 on Thursday.

DRDGOLD Ltd DRD

• On Feb. 19, HC Wainwright & Co. analyst Heiko Ihle maintained DRDGold with a Buy and lowered the price target from $17.25 to $16.25.. The company's stock gained around 37% over the past month and has a 52-week high of $14.24.
• RSI Value: 73.8
• DRD Price Action: Shares of DRDGOLD gained 2.1% to close at $14.14 on Thursday.

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