As of July 2, 2026, three stocks in the information technology 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.
Qualys Inc (NASDAQ: QLYS )
A10 Networks Inc (NYSE: ATEN )
On June 22, BTIG analyst Gray Powell maintained A10 Networks with a Buy and raised the price target from $30 to $37. The company’s stock gained around 16% over the past month and has a 52-week high of $38.39. RSI Value: 83.6 ATEN Price Action: Shares of A10 Networks gained 1.7% to close at $38.00 on Wednesday.Palo Alto Networks Inc (NASDAQ: PANW )
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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Posted In: Trading Ideas Pre-Market Outlook Short Ideas News IT Expert Ideas Overbought stocks