As of Jan. 30, 2026, two stocks in the energy 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.
VAALCO Energy Inc (NYSE:EGY)
- On Jan. 16, Freedom Capital Markets analyst Sergey Pigarev initiated coverage on VAALCO Energy with a Buy rating and announced a price target of $7.3. The company’s stock gained around 42% over the past month and has a 52-week high of $5.36 .
- RSI Value: 89.4
- EGY Price Action: Shares of VAALCO Energy gained 5.7% to close at $5.17 on Thursday.
- Edge Stock Ratings: 81.87 Momentum score with Value at 91.69.
Suncor Energy Inc (NYSE:SU)
- On Jan. 23, Goldman Sachs analyst Neil Mehta maintained Suncor Energy with a Buy and raised the price target from $48 to $54. The company’s stock gained around 21% over the past month and has a 52-week high of $54.80.
- RSI Value: 81.7
- SU Price Action: Shares of Suncor Energy rose 1.3% to close at $53.69 on Thursday.
Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.
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