As of Aug. 5, 2026, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Here’s the latest list of major overbought players in this sector.
Snap Inc (NYSE: SNAP )
Stagwell Inc (NASDAQ: STGW )
EchoStar Corp (NASDAQ: ECHO )
On Aug. 3, EchoStar posted second-quarter adjusted EPS of 14 cents. The company’s stock gained around 6% over the past five days and has a 52-week high of $104.74. RSI Value: 76.5 ECHO Price Action: Shares of EchoStar gained 7% to close at $91.60 on Tuesday.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: Markets Trading Ideas Pre-Market Outlook Short Ideas News Expert Ideas Overbought stocks communication services