As of June 16, 2026, three stocks in the industrials 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.

Corecivic Inc (NYSE:CXW)

  • On May 6, CoreCivic posted better-than-expected first-quarter results. Patrick Swindle, CoreCivic’s President and Chief Executive Officer, said, “Our strong first quarter financial results were driven by the activation of four previously idled facilities since the first quarter of 2025. We anticipate increased demand from our federal, state, and local government partners in the second half of the year after a recent downturn due to enforcement redeployments and overall strategy adjustments within the Department of Homeland Security (DHS). We are well-positioned to meet demand given our readily available capacity, in both existing and idle facilities.” The company’s stock gained around 32% over the past month and has a 52-week high of $27.85.
  • RSI Value: 83.5                                
  • CXW Price Action: Shares of Corecivic rose 2.5% to close at $27.77 on Monday.
  • Edge Stock Ratings: 87.17 Momentum score with Value at 82.80.

Hurco Companies Inc (NASDAQ:HURC)

  • On June 5, Hurco Companies announced a year-over-year increase in its second-quarter financial results. Greg Volovic, Chief Executive Officer, said, “After more than two years of disciplined execution through one of the deepest machine tool downcycles in history, the second quarter produced the kind of results we have been working toward.” The company’s stock gained around 32% over the past month and has a 52-week high of $22.50.
  • RSI Value: 82.6
  • HURC Price Action: Shares of Hurco Companies gained 0.7% to close at $21.76 on Monday.

Geo Group Inc (NYSE:GEO)

  • On May 6, Geo Group reported better-than-expected first-quarter financial results and raised its FY26 guidance. George C. Zoley, GEO’s Chairman, Chief Executive Officer and Founder, said, “We are very pleased with our first quarter results and improved full year outlook. Our strong performance has been driven by the new growth opportunities we captured in 2025 and are normalizing in 2026.” The company’s stock gained around 25% over the past month and has a 52-week high of $28.89
  • RSI Value: 81.7
  • GEO Price Action: Shares of Geo Group rose 0.4% to close at $28.54 on Monday.

Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.

Photo via Shutterstock