As of Aug. 11, 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.

Ethos Technologies Inc (NASDAQ:LIFE)

  • On Aug. 3, Ethos Technologies reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates. “Q2 was our second consecutive quarter of over 100% year-over-year growth, extending a streak of durable, multi-year growth we’ve built quarter over quarter,” said Peter Colis, CEO and Co-Founder of Ethos. “In Q2 alone, we protected more than 100,000 additional families at a pace that shows just how fast our growth is compounding.” The company’s stock gained around 68% over the past month and has a 52-week high of $32.86.
  • RSI Value: 85.6                                
  • LIFE Price Action: Shares of Ethos Technologies rose 2.6% to close at $32.43 on Monday.

Safety Insurance Group Inc (NASDAQ:SAFT)

  • On Aug. 5, Safety Insurance Group posted upbeat quarterly earnings. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, said, “I’m pleased to announce that for quarter ended June 30, 2026, our combined ratio improved to 95.7% compared to 98.1% in the same period in the prior year. The combined ratio of 95.7% reflects the impact of our underwriting discipline and ongoing pricing strategy.” The company’s stock gained around 36% over the past month and has a 52-week high of $67.04.
  • RSI Value: 84.7
  • SAFT Price Action: Shares of Safety Insurance fell 0.1% to close at $103.40 on Monday.
  • Edge Stock Ratings: 90.50 Momentum score with Value at 82.65.

Marketaxess Holdings Inc (NASDAQ:MKTX)

  • On July 30, Intercontinental Exchange announced plans to acquire MarketAxess for $167 per share in cash. The company’s stock gained around 41% over the past month and has a 52-week high of $195.96.
  • RSI Value: 83.9
  • MKTX Price Action: Shares of Marketaxess slipped 0.1% to close at $162.50 on Monday.

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