As of June 29, 2026, three stocks in the financial 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.

World Acceptance Corp (NASDAQ:WRLD)

  • On April 30, World Acceptance reported mixed fourth-quarter financial results. The company’s stock gained around 29% over the past month and has a 52-week high of $214.89.
  • RSI Value: 88.9                                
  • WRLD Price Action: Shares of World Acceptance gained 5.9% to close at $213.77 on Friday.
  • Edge Stock Ratings: 88.93 Momentum score.

Carter Bankshares Inc (NASDAQ:CARE)

  • On June 3, Hovde Group analyst Feddie Strickland downgraded Carter Bankshares from Outperform to Market Perform and raised the price target from $28 to $30. The company’s stock gained around 23% over the past month and has a 52-week high of $33.87.
  • RSI Value: 87.7
  • CARE Price Action: Shares of Carter Bankshares gained 2.8% to close at $33.60 on Friday.

Skyward Specialty Insurance Group Inc (NASDAQ:SKWD)

  • On May 12, Skyward Specialty named Melissa Goto as President, E&S Brokerage and Inland Marine. “Our ability to win in select markets starts by building a leadership team of the industry’s top talent. Melissa exemplifies that standard. She has a reputation for delivering consistent underwriting performance and cultivating high-performing teams, making her an exceptional fit for Skyward Specialty,” said John Burkhart, President, U.S. Property & Casualty, Skyward Specialty. The company’s stock gained around 34% over the past month and has a 52-week high of $59.80
  • RSI Value: 86.5
  • SKWD Price Action: Shares of Skyward Specialty Insurance rose 6.8% to close at $59.19 on Friday.

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