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.

• Fresh Del Monte Produce will issue a press release on its first quarter financial results before the opening bell on Wednesday, April 30. The company's stock jumped around 17% over the past month and has a 52-week high of $35.27.
• RSI Value: 77.7                                
• FDP Price Action: Shares of Fresh Del Monte Produce gained 1.5% to close at $34.28 on Wednesday.
• Edge Stock Ratings: 89.68 Momentum score with Value at 89.09.

• On April 23, Philip Morris International reported better-than-expected first-quarter financial results and raised its FY25 adjusted EPS guidance above estimates. The tobacco giant's revenue increased 5.8% year over year to $9.30 billion, beating the analyst consensus estimate of $9.12 billion. Adjusted EPS of $1.69 beat the consensus estimate of $1.61. The company's stock gained around 11% over the past month and has a 52-week high of $171.63.
• RSI Value: 73.2
• PM Price Action: Shares of Philip Morris rose 2.5% to close at $168.11 on Wednesday.