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 March 17, Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised its price target from $15 to $18. RBC Capital also raised its price target on the stock. The company's stock gained around 25% over the past month and has a 52-week high of $15.27.
• RSI Value: 80.6                                
• GEL Price Action: Shares of Genesis Energy gained 1.6% to close at $15.05 on Thursday.

• On March 19, KNOT Offshore Partners posted better-than-expected fourth-quarter sales. Derek Lowe, Chief Executive Officer and Chief Financial Officer of KNOT Offshore Partners LP, stated, “We are pleased to report another strong performance in Q4 2024, marked by safe operation at 98.3% fleet utilization from scheduled operations, consistent revenue and operating income generation, and material progress in securing additional charter coverage for our fleet." The company's stock gained around 25% over the past month and has a 52-week high of $9.11.
• RSI Value: 82.7
• KNOP Price Action: Shares of KNOT Offshore Partners gained 12.3% to close at $6.32 on Thursday.