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 Nov. 6, Genie Energy reported a year-over-year increase in third-quarter revenue results and raised FY23 adjusted EBITDA guidance. Michael Stein, chief executive officer of Genie Energy, commented, "Our third quarter results were highlighted by record quarterly revenue and the strong bottom-line performance of our domestic energy supply business." The company’s stock jumped around 14% over the past month and has a 52-week high of $27.33 .
• RSI Value: 74.02
• GNE Price Action: Shares of Genie Energy gained 3.1% to close at $27.32 on Monday.

• On Nov. 1, DTE Energy reported worse-than-expected Q3 earnings results and lowered FY23 operating EPS guidance below estimates. “This year we were faced with unprecedented headwinds which impacted our 2023 operating EPS guidance, but through the incredible work of our highly engaged team, DTE continues to be in a good position to offset the majority of the challenges and continue to deliver for our customers, our community and our investors,” Jerry Norcia, DTE Energy Chairman and CEO, said. The company’s stock gained around 13% over the past month and has a 52-week high of $122.41.
• RSI Value: 75.23
• DTE Price Action: Shares of DTE Energy gained 1.4% to close at $110.09 on Monday.

• Allete is reportedly exploring selling the company after registering a 2% year-over-year decline in sales in the last reported quarter. The company’s stock jumped around 9% over the past five days and has a 52-week high of $66.93.
• RSI Value: 73.46
• ALE Price Action: Shares of ALLETE fell 0.2% to close at $61.20 on Monday.