As of March 25, 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 March 24, KORE Group announced a strategic alliance with Move & Connect, a French IoT connectivity solutions provider with deep expertise in managed connectivity and regional market deployment. “Our partnership with Move & Connect is a testament to our commitment to the European market and our strategy of combining our global strength with local expertise. Move & Connect’s deep understanding of the regional landscape and their hands-on approach are the perfect complements to KORE’s robust, global network.” said Niklas Ekarv, Managing Director EAP at KORE. “Together, we are not just providing a connectivity solution; we are enabling innovation and empowering businesses across Europe to scale their IoT ambitions with confidence and ease. We are incredibly excited about the opportunities this collaboration will unlock for customers in critical industries.” The company’s stock gained around 77% over the past month and has a 52-week high of $9.02.
- RSI Value: 88.4
- KORE Price Action: Shares of KORE Group gained 0.1% to trade at $9.00 on Wednesday.
- Edge Stock Ratings: 99.26 Momentum score.

Perion Network Ltd (NASDAQ:PERI)
- On March 20, Canaccord Genuity analyst Matthew Weber initiated coverage on Perion Network with a Buy rating and announced a price target of $14. The company’s stock gained around 25% over the past month and has a 52-week high of $11.79.
- RSI Value: 74.2
- PERI Price Action: Shares of Perion Network fell 0.2% to trade at $10.22 on Wednesday.
Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.
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