As of Sept. 18, 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.
Tsakos Energy Navigation Ltd (NYSE:TEN)
- On Sept. 10, Tsakos Energy Navigation posted better-than-expected second-quarter earnings. The company’s stock gained around 26% over the past month and has a 52-week high of $53.84.
- RSI Value: 86.2
- TEN Price Action: Shares of Tsakos Energy Navigation gained 1% to close at $52.81 on Thursday.
- Edge Stock Ratings: 96.78 Momentum score with Value at 92.94.
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 48% over the past month and has a 52-week high of $54.39.
- RSI Value: 83.7
- CVI Price Action: Shares of CVR Energy jumped 2.1% to close at $54.14 on Thursday.
Nordic American Tankers Ltd (NYSE:NAT)
- On Aug. 27, Nordic American Tankers posted better-than-expected quarterly earnings. The company’s stock gained around 18% over the past month and has a 52-week high of $8.27.
- RSI Value: 77.9
- NAT Price Action: Shares of Nordic American Tankers rose 2% to close at $8.15 on Thursday.
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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