As of Oct. 7, 2026, three stocks in the information technology 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.

Synopsys Inc (NASDAQ:SNPS)

  • On Oct. 5, Synopsys initiated a $1 billion accelerated share repurchase agreement. The company’s stock gained around 29% over the past month and has a 52-week high of $539.48.
  • RSI Value: 78.7                                
  • SNPS Price Action: Shares of Synopsys gained 3.4% to close at $505.17 on Tuesday.
  • Edge Stock Ratings: 79.25 Momentum score with Value at 5.91.

Keysight Technologies Inc (NYSE:KEYS)

  • On Oct. 6, Goldman Sachs analyst Mark Delaney maintained Keysight with a Buy and raised the price target from $452 to $487. The company’s stock gained around 16% over the past month and has a 52-week high of $389.93.
  • RSI Value: 76.1
  • KEYS Price Action: Shares of Keysight rose 1% to close at $388.03 on Tuesday.

NetApp Inc (NASDAQ:NTAP)

  • On Oct. 6, TD Cowen analyst Krish Sankar maintained NetApp with a Buy and raised the price target from $200 to $250. The company’s stock gained around 21% over the past month and has a 52-week high of $231.90.
  • RSI Value: 77.3                                                                                                    
  • NTAP Price Action: Shares of NetApp rose 2.1% to close at $228.45 on Tuesday.
  • Don’t miss out on the full BZ Edge Rankings—compare all the key stocks now.

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