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 June 5, UP Fintech Holding reported a year-over-year increase in first-quarter sales results. Mr. Wu Tianhua, Chairman and CEO of UP Fintech stated, “Market backdrop was more active in the first quarter, total revenue in the first quarter was US$78.9 million, representing a 12.8% increase sequentially and 19.0% increase compared to the same quarter last year. Benefiting from our brand strength and R&D capabilities, both GAAP and non-GAAP net income experienced significant growth.” GAAP The company's stock gained around 11% over the past five days and has a 52-week high of $5.80.
• RSI Value: 72.85                              
• TIGR Price Action: Shares of UP Fintech gained 5.9% to close at $4.75 on Friday.

• On May 8, Pennant Park Investment posted downbeat quarterly results. “We are pleased to announce an increase in our monthly dividend based on the continued strong underlying credit performance of our portfolio,” said Arthur Penn, Chairman and CEO.  “Our earnings stream continues to be robust and is driven in part by the  excellent returns generated by our PSLF Joint Venture.” The company's stock gained around 6% over the past month and has a 52-week high of $7.73.
• RSI Value: 72.03
• PNNT Price Action: Shares of PennantPark Investment rose 0.8% to close at $7.72 on Friday.

FS KKR Capital Corp (NYSE:FSK)

• On June 6, FSK completed public offering of $600 million 6.875% unsecured notes due 2029. The company's stock jumped around 4% over the past month and has a 52-week high is $20.99.
• RSI Value: 71.12
• FSK Price Action: Shares of FS KKR Capital gained 0.2% to close at $20.62 on Friday.

Hagerty Inc (NYSE:HGTY)

• On May 7, Hagerty posted mixed quarterly results. “We are off to a great start in 2024 as the initiatives undertaken in 2023 powered strong top-line momentum and significant margin expansion,” said McKeel Hagerty, Chief Executive Officer and Chairman of Hagerty. The company's stock jumped around 14% over the past month and <a href=”https://www.benzinga.com/quote/HGTY”><em> has a 52-week high </em></a> of $10.10.
• RSI Value: 75.30
• HGTY Price Action: Shares of Hagerty rose 3% to close at $10.10 on Friday.

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