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. 15, JP Morgan analyst Allan Cooke maintained Gold Fields with a Neutral and raised the price target from $17.1 to $18.8. The company's stock surged around 19% over the past month and has a 52-week high of $18.96.
• RSI Value: 75.9                                
• GFI Price Action: Shares of Gold Fields gained 0.1% to close at $16.15 on Thursday.

• On Nov. 25, 2024, Summit Materials agreed to be acquired by Quikrete in a deal worth $11.5 billion. “We are pleased to have reached this agreement which will deliver significant, immediate and certain cash value to our shareholders,” said Howard Lance, Chairman of Summit’s Board of Directors. “In reaching this decision, our Board carefully considered a range of alternatives and determined that this transaction is the best way to maximize value for our shareholders.” The company's stock gained around 3% over the past month and has a 52-week high of $53.49.
• RSI Value: 71.1
• SUM Price Action: Shares of Summit Materials gained 0.2% to close at $52.20 on Thursday.