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.

• On Jan. 13, Chefs’ Warehouse announced FY25 outlook, seeing net sales of $3.94 billion to $4.04 billion and adjusted EBITDA of $233 million to $246 million. The company's stock surged around 7% over the past month and has a 52-week high of $53.31.
• RSI Value: 77.3                                
• CHEF Price Action: Shares of Chefs’ Warehouse gained 1.9% to close at $52.59 on Wednesday.

• On Jan. 10, Walgreens Boots Alliance reported better-than-expected quarterly financial results. Walgreens Boots Alliance maintains fiscal 2025 adjusted EPS guidance of $1.40 – $1.80 versus the consensus of $1.52. The company expects growth in U.S. Healthcare and International offset by pressure in U.S. Retail Pharmacy largely driven by weaker retail front end performance. The company's stock gained around 32% over the past five days and has a 52-week high of $23.76.
• RSI Value: 74.5
• WBA Price Action: Shares of Walgreens gained 2.4% to close at $12.53 on Wednesday.