As of May 22, 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.
Fortinet Inc (NASDAQ:FTNT)
- On May 6, Fortinet reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates. "We are very pleased with our excellent first quarter results, exceeding the high end of our guidance through strong execution and broad-based demand across our portfolio and geographies," said Ken Xie, founder, chairman and CEO of Fortinet. The company's stock gained around 52% over the past month and has a 52-week high of $130.36.
- RSI Value: 87.3
- FTNT Price Action: Shares of Fortinet fell 0.4% to close at $129.46 on Thursday.
- Edge Stock Ratings: 89.70 Momentum score with Value at 1.67.

Crowdstrike Holdings Inc (NASDAQ:CRWD)
- On May 21, Wells Fargo analyst Michael Turrin maintained CrowdStrike with an Overweight rating and raised the price target from $525 to $700. The company's stock gained around 44% over the past month and <a href=”https://www.benzinga.com/quote/CRWD”><em> has a 52-week high </em></a> of $659.55.
- RSI Value: 86.5
- CRWD Price Action: Shares of Crowdstrike slipped 0.3% to close at $648.23 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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