As of Aug. 24, 2026, three stocks in the consumer staples 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.
Target Corp (NYSE:TGT)
- On Aug. 19, Target reported better-than-expected second-quarter financial results and raised its FY26 EPS and sales guidance above estimates. “Second quarter results build on the encouraging momentum we saw in the first quarter, giving us increasing confidence that our strategy is resonating with our guests and strengthening our leadership position in style, design, and value,” said Michael Fiddelke, chief executive officer of Target. The company’s stock gained around 21% over the past month and has a 52-week high of $165.48.
- RSI Value: 80.4
- TGT Price Action: Shares of Target rose 4.5% to close at $165.44 on Friday.
- Edge Stock Ratings: 92.70 Momentum score with Value at 77.77.

Estee Lauder Companies Inc (NYSE:EL)
- On Aug. 19, Estee Lauder reported better-than-expected fourth-quarter financial results and issued its FY27 sales guidance with its midpoint above estimates. "I am incredibly proud of our team for delivering fiscal 2026 results ahead of the expectations we had to start the year. We reignited growth with organic sales rising 3%, driven by the breadth of growth across brands, and achieved significant operating margin expansion," said Stéphane de La Faverie, President and CEO. The company’s stock gained around 27% over the past month and has a 52-week high of $121.64.
- RSI Value: 78.3
- EL Price Action: Shares of Estee Lauder surged 6% to close at $101.94 on Friday.
Conagra Brands Inc (NYSE:CAG)
- On Aug. 4, Conagra Brands named Amy Held as executive vice president and chief administrative officer. The company’s stock gained around 11% over the past month and has a 52-week high of $20.32.
- RSI Value: 71.4
- CAG Price Action: Shares of Conagra gained 1% to close at $16.43 on Friday.
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