As of July 20, 2026, three stocks in the materials 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.

Crown Holdings Inc (NYSE:CCK)

  • On July 17, BMO Capital analyst Ketan Mamtora initiated coverage on Crown Holdings with an Outperform rating and announced a price target of $130. The company’s stock gained around 15% over the past month and has a 52-week high of $118.50.
  • RSI Value: 72.4                                
  • CCK Price Action: Shares of Crown Holdings rose 0.2% to close at $117.21 on Friday.
  • Edge Stock Ratings: 61.48 Momentum score with Value at 40.83.

Silgan Holdings Inc (NYSE:SLGN)

  • On July 17, BMO Capital analyst Ketan Mamtora initiated coverage on Silgan with an Outperform rating and announced a price target of $57. The company’s stock gained around 13% over the past month and has a 52-week high of $56.85.
  • RSI Value: 70.5
  • SLGN Price Action: Shares of Silgan fell 0.5% to close at $47.18 on Friday.

Hongli Group Inc (NASDAQ:HLP)

  • On July 9, the company received a Nasdaq noncompliance letter. The company’s stock gained around 166% over the past month and has a 52-week high of $1.73.
  • RSI Value: 77.1                
  • HLP Price Action: Shares of Hongli Group gained 1.7% to close at $1.17 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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