As of March 11, 2026, two stocks in the communication services 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.
KORE Group Holdings Inc (NYSE:KORE)
- On Feb. 27, KORE Group announced it will be acquired by Searchlight Capital Partners and Abry Partners. “We are pleased to have reached this agreement with Abry and Searchlight, which unlocks significant value for our stockholders at a substantial premium,” said Ron Totton, KORE’s Chief Executive Officer and President. The company’s stock gained around 82% over the past month and has a 52-week high of $9.00.
- RSI Value: 89.1
- KORE Price Action: Shares of KORE Group fell 0.2% to close at $8.95 on Tuesday.
- Edge Stock Ratings: 99.20 Momentum score.
Reservoir Media Inc (NASDAQ:RSVR)
- On March 10, Reservoir Media announced a new deal with film composer Hans Zimmer. Zimmer said, “Music connects us across cultures, generations and disciplines. I’m thrilled that this expanded partnership with Reservoir opens the door to more ambitious and creative possibilities with an even larger reach.” The company’s stock gained around 28% over the past month and has a 52-week high of $10.32.
- RSI Value: 79.6
- RSVR Price Action: Shares of Reservoir Media closed at $9.85 on Tuesday.
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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