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 April 7, Mesa Air Group and Republic Airways Holdings Inc announced a merger agreement to create a major player in the regional airline market. "Today's announcement is an exciting next step in Mesa's more than 40-year history, one that represents the best outcome for our shareholders, employees, and all of our stakeholders," said Mesa's Chairman and CEO, Jonathan Ornstein. The company's stock gained around 39% over the past five days and has a 52-week high of $1.89.
• RSI Value: 71.7                                
• MESA Price Action: Shares of Mesa Air gained 54.9% to close at $1.10 on Monday.
• Edge Stock Ratings: 24.10 Momentum score with Value at 85.64.

• On March 28, Markforged Holding posted downbeat quarterly sales. “We are encouraged by the continued adoption of our next generation product line, despite the challenging market conditions that we are facing,” said Shai Terem, President and CEO of Markforged. The company's stock gained around 94% over the past month and has a 52-week high of $7.50.
• RSI Value: 73.1
• MKFG Price Action: Shares of Markforged Holding fell 0.9% to close at $4.55 on Monday.