As of March 6, 2026, two stocks in the information technology 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.
Ooma Inc (NYSE:OOMA)
- On March 4, Ooma reported better-than-expected fourth-quarter financial results and issued FY27 adjusted EPS guidance above estimates. “Ooma delivered strong Q4 results with $74.6 million in revenue, $9.4 million of non-GAAP net income and $10.7m of cash from operations,” said Eric Stang, chief executive officer of Ooma. “We closed fiscal year 2026 on a high note with record sales of AirDial and the completion of our acquisitions of FluentStream and Phone.com.” The company's stock gained around 20% over the past five days and has a 52-week high of $14.83.
- RSI Value: 85.4
- OOMA Price Action: Shares of Ooma gained 11.6% to close at $14.50 on Thursday.
- Edge Stock Ratings: 91.92 Momentum score with Value at 93.51.

Circle Internet Group Inc (NYSE:CRCL)
- On March 3, Mizuho analyst Dan Dolev maintained Circle Internet Group with a Neutral and raised the price target from $90 to $100. The company's stock gained around 85% over the past month and has a 52-week high of $298.99.
- RSI Value: 77.3
- CRCL Price Action: Shares of Circle Internet gained 0.5% to close at $105.74 on Thursday.
Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.
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