As of March 30, 2026, two stocks in the energy 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.

APA Corp (NASDAQ:APA)

  • On March 27, Morgan Stanley analyst Devin McDermott maintained APA with an Underweight rating and raised the price target from $22 to $43. The company's stock gained around 40% over the past month and has a 52-week high of $44.54.
  • RSI Value: 90                                   
  • APA Price Action: Shares of APA gained 3.7% to close at $44.39 on Friday.
  • Edge Stock Ratings: 91.92 Momentum score with Value at 93.51.

EOG Resources Inc (NYSE:EOG)

  • On March 27, Morgan Stanley analyst Devin McDermott maintained EOG Resources with an Equal-Weight rating and raised the price target from $128 to $155. The company's stock gained around 16% over the past month and has a 52-week high of $150.10.
  • RSI Value: 86.6
  • EOG Price Action: Shares of EOG rose 1.4% to close at $149.56 on Friday.

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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