As of Oct. 2, 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.
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 1% over the past month and has a 52-week high of $195.96.
- RSI Value: 80.6
- MKTX Price Action: Shares of Marketaxess gained 0.2% to close at $164.22 on Thursday.
- Edge Stock Ratings: 72.74 Momentum score with Value at 52.32.

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 42% over the past six months and has a 52-week high of $103.90.
- RSI Value: 76.1
- SAFT Price Action: Shares of Safety Insurance gained 0.2% to close at $103.81 on Thursday.
Capital Bancorp Inc (NASDAQ:CBNK)
- On Sept. 30, Capital Bancorp announced it will be acquired by Peoples Bancorp in an all-stock transaction. The company’s stock gained around 10% over the past five days and has a 52-week high of $40.26.
- RSI Value: 76.3
- CBNK Price Action: Shares of Capital Bancorp Trust rose 1.3% to close at $39.80 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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