As of April 2, 2026, two 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.
Franklin Covey Co (NYSE:FC)
- On April 1, Franklin Covey reported better-than-expected second-quarter sales results. Paul Walker, President and Chief Executive Officer, said, “Our second quarter results reflect the importance of what we do and the traction of our go-to-market transformation. We delivered our second consecutive quarter of 7% invoiced growth in Enterprise North America as strong execution on our go‑to‑market strategy continues to gain traction. We believe we are at an inflection point where the return on investment from our transformation is becoming evident.” The company’s stock gained around 66% over the past month and has a 52-week high of $24.70.
- RSI Value: 84.1
- FC Price Action: Shares of Franklin Covey gained 32% to trade at $21.32 on Thursday.
- Edge Stock Ratings: 11.25 Momentum score with Value at 12.20.
Avis Budget Group Inc (NASDAQ:CAR)
- On March 27, Avis Budget Group announced that it filed a prospectus to sell up to 5 million shares. The company’s stock gained around 93% over the past month and has a 52-week high of $212.81.
- RSI Value: 81.4
- CAR Price Action: Shares of Avis Budget rose 8.8% to trade at $185.00 on Thursday.
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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