As of Sept. 8, 2026, three stocks in the energy 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.
Marathon Petroleum Corp (NYSE:MPC)
- On Sept. 3, Piper Sandler analyst John Royall maintained Marathon Petroleum with an Overweight rating and raised the price target from $344 to $462. The company’s stock gained around 30% over the past month and has a 52-week high of $398.52.
- RSI Value: 78.4
- MPC Price Action: Shares of Marathon Petroleum rose 0.3% to close at $388.90 on Friday.
- Edge Stock Ratings: 97.35 Momentum score with Value at 50.96.

Phillips 66 (NYSE:PSX)
- On Sept. 3, Piper Sandler analyst John Royall maintained Phillips 66 with a Neutral and raised the price target from $209 to $264. The company’s stock gained around 25% over the past month and has a 52-week high of $260.68.
- RSI Value: 75.1
- PSX Price Action: Shares of Phillips 66 gained 0.2% to close at $255.09 on Friday.
CVR Energy, Inc. (NYSE:CVI)
- On July 29, CVR Energy reported better-than-expected second-quarter sales results. “CVR Energy posted another quarter of strong operating results across our system, with crude utilization of 98 percent and ammonia plant utilization of 99 percent,” said Dane Neumann, CVR Energy’s Chief Executive Officer. The company’s stock gained around 45% over the past month and has a 52-week high of $44.65.
- RSI Value: 73.8
- CVI Price Action: Shares of CVR Energy gained 2.1% to close at $44.50 on Friday.
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