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Top 2 Materials Stocks That May Collapse In April
This article identifies Nucor (NUE) and Steel Dynamics (STLD) as two materials stocks that may be overbought in April 2026, based on their high Relative Strength Index (RSI) values above 70. Both companies have seen significant stock gains recently, with Nucor gaining 30% and Steel Dynamics gaining 32% over the past month. The analysis highlights recent positive news for both companies, including analyst upgrades for Nucor and strong Q1 financials for Steel Dynamics, despite indicating they could be due for a pullback.