As of July 8, 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.

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.

Take-Two Interactive Software, Inc (NASDAQ:TTWO)

  • On July 7, Wells Fargo analyst Alec Brondolo maintained Take-Two Interactive with an Overweight rating and raised the price target from $287 to $289. The company’s stock gained around 21% over the past month and has a 52-week high of $265.94.
  • RSI Value: 73.5                                
  • TTWO Price Action: Shares of Take-Two Interactive fell 0.2% to close at $257.79 on Tuesday.
  • Edge Stock Ratings: 62.05 Momentum score.

Sirius XM Holdings Inc (NASDAQ:SIRI)

  • SiriusXM said it will release its second quarter 2026 operating and financial results on Thursday, July 30. The company’s stock gained around 12% over the past month and has a 52-week high of $31.42.
  • RSI Value: 72.6
  • SIRI Price Action: Shares of Sirius XM fell 0.1% to close at $30.71 on Tuesday.

IDT Corp (NYSE:IDT)

  • On June 3, IDT posted better-than-expected quarterly results. Shmuel Jonas, CEO, said, “IDT’s year-over-year revenue and earnings growth was again powered by the continued expansion and operating leverage of our three high-margin businesses, paired with another quarter of steady cash generation from our Traditional Communications segment.” The company’s stock gained around 11% over the past month and has a 52-week high of $69.15.
  • RSI Value: 71.9                
  • IDT Price Action: Shares of IDT rose 1.3% to close at $61.08 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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