As of March 2, 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.
Nordic American Tankers Ltd (NYSE:NAT)
- On Feb. 26, Nordic American posted downbeat quarterly results. The company’s stock gained around 37% over the past month and has a 52-week high of $5.78.
- RSI Value: 93.8
- NAT Price Action: Shares of Nordic American Tankers gained 6.1% to close at $5.73 on Friday.
- Edge Stock Ratings: 91.92 Momentum score with Value at 93.51.
Tsakos Energy Navigation Ltd (NYSE:TEN)
- TEN said it will report financial results for the fourth quarter and year ended on Dec. 31, 2025, before the opening bell on Friday, March 6, 2026. The company’s stock gained around 31% over the past month and has a 52-week high of $35.62.
- RSI Value: 88.5
- TEN Price Action: Shares of Tsakos Energy Navigation rose 2.5% to close at $35.30 on Friday.
Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.
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