As of June 17, 2026, three 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.
Western Digital Corp (NASDAQ:WDC)
- On June 15, Morgan Stanley analyst Erik Woodring maintained Western Digital with an Overweight rating and raised the price target from $488 to $650. The company's stock gained around 35% over the past five days and has a 52-week high of $729.92.
- RSI Value: 75.7
- WDC Price Action: Shares of Western Digital rose 4.2% to close at $681.08 on Tuesday.
- Edge Stock Ratings: 99.69 Momentum score with Value at 4.75.

Ralliant Corp (NYSE:RAL)
- On May 20, TD Cowen analyst Joe Giordano maintained Ralliant with a Buy and raised the price target from $55 to $70. The company's stock gained around 17% over the past month and has a 52-week high of $69.92.
- RSI Value: 75.7
- RAL Price Action: Shares of Ralliant slipped 0.1% to close at $68.76 on Tuesday.
Horizon Quantum Holdings Ltd (NASDAQ:HQ)
- On June 3, Needham analyst N. Quinn Bolton initiated coverage on Horizon Quantum with a Buy rating and announced a price target of $20. The company's stock gained around 76% over the past five days and has a 52-week high of $19.71
- RSI Value: 73.6
- HQ Price Action: Shares of Horizon Quantum rose 4.9% to close at $18.70 on Tuesday.
Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.
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