As of April 9, 2026, two stocks in the utilities 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.

Pure Cycle Corp (NASDAQ:PCYO)

  • On April 8, Pure Cycle posted an increase in earnings and sales for the second quarter. “While our unseasonably warm and dry winter in Denver may have impacted the ski season, it allowed us to significantly advance construction of Phase 2D lots ahead of schedule with 70% of the lots being delivered at the end of Q2 and the remaining lots expected to be delivered by the end of Q3. This has helped our builders to construct new model homes in Phase 2D for the spring selling season. In addition to allowing us to deliver lots ahead of schedule, the mild winter has also enabled us to advance construction of our new high school ahead of schedule, and we look forward to welcoming new high school students in the fall,” commented Mark Harding, CEO of Pure Cycle. The company's stock gained around 16% over the past five days and has a 52-week high of $12.16.
  • RSI Value: 79.9                                
  • PCYO Price Action: Shares of Pure Cycle rose 6.3% to close at $11.74 on Wednesday.
  • Edge Stock Ratings: 50.87 Momentum score with Value at 56.22.

Mdu Resources Group Inc (NYSE:MDU)

  • On Feb. 5, MDU Resources posted in-line quarterly earnings. “2025 was a transformative year for our company,” said Nicole A. Kivisto, president and CEO of MDU Resources. “In our first full year operating as a pure-play business, I am extremely proud of the team’s performance.” The company's stock gained around 7% over the past five days and has a 52-week high of $22.22.
  • RSI Value: 76.6
  • MDU Price Action: Shares of MDU gained 2.7% to close at $22.17 on Wednesday.

Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.

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