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.

Symbol	Chart	Open	High	Low	Close	Volume	% Change	Stock Predictions
HUD		7.58	7.62	7.58	7.59	325400	0.00%	HUD Stock Predictions
INWK		3.00	3.00	2.99	2.99	230800	0.00%	INWK Stock Predictions
AIMT		34.30	34.35	34.30	34.32	914774	-0.03%	AIMT Stock Predictions
AKCA		18.17	18.22	18.11	18.13	235560	-0.06%	AKCA Stock Predictions
Z		102.85	103.12	100.07	101.16	2676693	-0.11%	Z Stock Predictions
NAV		43.40	43.49	42.96	43.00	519800	-0.14%	NAV Stock Predictions
ZG		102.64	102.81	99.90	100.98	418835	-0.22%	ZG Stock Predictions
ZYME		45.17	46.10	44.14	44.98	292512	-0.42%	ZYME Stock Predictions
BGNE		282.55	283.00	277.51	280.65	230900	-0.62%	BGNE Stock Predictions
AXGT		4.82	5.11	4.50	4.68	3853000	-0.85%	AXGT Stock Predictions
SAVA		11.00	11.54	10.32	11.16	4902500	-2.70%	SAVA Stock Predictions
TATT		5.22	5.74	4.86	5.60	627600	-3.78%	TATT Stock Predictions
DRIP		67.51	69.30	64.10	65.76	272600	-6.72%	DRIP 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.