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.  

• ZIM Integrated Shipping Services is expected to release its first quarter 2024 financial results on Tuesday, May 21, before the opening bell. The company's stock gained around 56% over the past month and has a 52-week high of $17.97 </a>.
• RSI Value: 80.41                              
• ZIM Price Action: Shares of ZIM Integrated Shipping gained 9.9% to close at $16.24 on Thursday.

• On March 4, AeroVironment said third-quarter revenue increased 39% year-over-year to $186.6 million, which beat the consensus estimate of $170.625 million, according to Benzinga Pro "Solid bottom-line results, fueled by record demand and strong operating execution, have us on track for our best year ever. In addition, the Company continues to show tremendous growth in the Loitering Munition Systems segment, which delivered record revenue in the quarter," said Wahid Nawabi, chairman, president and CEO of AeroVironment. The company's stock gained around 27% over the past month and has a 52-week high of $190.12.
• RSI Value: 83.25
• AVAV Price Action: Shares of AeroVironment rose 3.2% to close at $187.33 on Thursday.

• On May 1, Deluxe posted better-than-expected quarterly earnings. “We reported a strong start to 2024 highlighted by increases across all of our comparable adjusted metrics,” said Barry McCarthy, President and CEO of Deluxe. “Comparable adjusted EBITDA expanded at a rate significantly faster than revenue, demonstrating the scaling profitability of our business.” The company's stock gained around 17% over the past month and has a 52-week high of $22.72.
• RSI Value: 72.66
• DLX Price Action: Shares of Deluxe rose 2.1% to close at $22.62 on Thursday.