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 Oct. 8, UBS analyst Alex Kramm initiated coverage on Morningstar with a Buy rating and announced a price target of $390. The company's stock gained around 10% over the past month and has a 52-week high of $335.67.
• RSI Value: 77.50                              
• MORN Price Action: Shares of Morningstar gained 7.2% to close at $335.28 on Tuesday.

• On Oct. 2, Evercore ISI Group analyst David Motemeden initiated coverage on MSCI with an Outperform rating and announced a price target of $690. The company's stock gained around 7% over the past month and has a 52-week high of $617.39.
• RSI Value: 71.97
• MSCI Price Action: Shares of MSCI rose 2.1% to close at $596.83 on Tuesday.