Overbought Stocks

Overbought Stocks is a list of the most overbought stocks today based on the RSI momentum technical indicator. Overbought stocks are worth watching for traders because the trend for overbought stocks may reverse soon.

• Step 1. Most Overbought Stocks
• Step 2. How to Trade Overbought Stocks

Most Overbought Stocks

When the technical indicator RSI is above 70, a stock is considered an overbought stock. When the RSI indicator drops from 70, it generates a bearish signal. The following shows a list of the most overbought stocks today based on the RSI indicator.

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Symbol	Chart	Open	High	Low	Close	Volume	% Change	Stock Predictions
CXP		19.05	19.10	19.01	19.02	2880496	0.00%	CXP Stock Predictions
DSPG		21.78	21.84	21.77	21.78	209991	0.00%	DSPG Stock Predictions
STMP		329.31	329.55	329.26	329.30	320401	-0.03%	STMP Stock Predictions
PSTG		26.91	27.31	26.59	27.10	4338746	-0.04%	PSTG Stock Predictions
SIC		14.40	14.43	14.39	14.40	277554	-0.07%	SIC Stock Predictions
GLBL		9.88	9.88	9.85	9.86	278949	-0.10%	GLBL Stock Predictions
SKIL		11.26	11.44	11.16	11.28	254868	-0.18%	SKIL Stock Predictions
ACT		22.22	22.22	21.63	21.79	262693	-0.27%	ACT Stock Predictions
CIDM		2.63	2.81	2.57	2.62	14649069	-0.38%	CIDM Stock Predictions
PAG		107.86	109.44	106.01	106.31	642165	-0.66%	PAG Stock Predictions
CIO		17.94	18.31	17.75	17.76	463299	-0.84%	CIO Stock Predictions
MDP		56.30	58.30	55.44	55.78	1172715	-0.92%	MDP Stock Predictions
VRAY		7.40	7.48	7.28	7.32	1191360	-1.21%	VRAY Stock Predictions
RSI		19.76	20.09	18.93	19.40	1476258	-1.27%	RSI Stock Predictions
EXPE		172.86	175.37	169.19	169.65	3146087	-1.36%	EXPE Stock Predictions
KRNT		160.91	164.22	158.02	158.67	241536	-1.39%	KRNT Stock Predictions
PCTY		295.90	295.90	289.08	292.72	275012	-1.64%	PCTY Stock Predictions
MTN		353.38	353.90	338.67	344.01	648677	-2.23%	MTN Stock Predictions
HLBZW		2.50	2.59	2.21	2.37	282004	-2.47%	HLBZW Stock Predictions
SLGC		12.82	13.20	12.26	12.42	407623	-2.74%	SLGC Stock Predictions
SPSC		167.21	167.26	161.82	162.75	425118	-3.01%	SPSC Stock Predictions
INMD		179.73	179.95	166.56	170.88	1575434	-3.17%	INMD Stock Predictions
AEHR		15.90	16.50	14.77	15.09	9110795	-4.61%	AEHR Stock Predictions

How to Trade Overbought Stocks

There are various ways to find stocks that are overbought using different types of technical indicators, RSI is one of the popular ones. Please remember just because a stock is in the overbought zone doesn't mean it is a SELL.

Some strong stocks may keep keep going up for a long time before it reaches its peak. During that time, the RSI will stay above 70 and the stock will remain overbought. It is not a good idea to sell or short a stock just because the RSI indicator indicates it is an overbought stock. You should combine the overbought signals with other technical indicators and the general trend of the market.

To learn more about trading, read Swing Trading Strategies.