As of Aug. 6, 2026, three stocks in the consumer discretionary 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.

Bloomin’ Brands Inc (NASDAQ:BLMN)

  • On Aug. 5, Bloomin Brands reported better-than-expected second-quarter financial results and raised its FY26 EPS guidance. “I am pleased with our financial results in the second quarter and our continued progress on the Outback Turnaround, which has led us to raise our full year earnings guidance,” said Mike Spanos, CEO. The company’s stock gained around 47% over the past month and has a 52-week high of $12.63.
  • RSI Value: 87.6                                
  • BLMN Price Action: Shares of Bloomin’ Brands rose 32.9% to close at $11.85 on Wednesday.
  • Edge Stock Ratings: 96.09 Momentum score with Value at 66.34.

Cricut Inc (NASDAQ:CRCT)

  • On Aug. 4, Cricut posted better-than-expected quarterly earnings. “We were pleased with the progress we made executing against our strategic priorities in the second quarter,” said Ashish Arora, Chief Executive Officer of Cricut. The company’s stock gained around 37% over the past month and has a 52-week high of $6.93.
  • RSI Value: 87.1
  • CRCT Price Action: Shares of Cricut rose 22.9% to close at $6.07 on Wednesday.

Brinker International Inc (NYSE:EAT)

  • On July 28, Citigroup analyst Jon Tower maintained Brinker International with a Buy and raised the price target from $189 to $227. The company’s stock gained around 28% over the past month and has a 52-week high of $226.70.
  • RSI Value: 77.7
  • EAT Price Action: Shares of Brinker gained 3.5% to close at $225.97 on Wednesday.

BZ Edge Rankings: Find out where other stocks stand—explore the full comparison now.

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