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. 4, LQR House reports October revenue of $238,159.57 up from $45,400 in the year-ago period. Sean Dollinger, CEO of LQR House, commented, “I’m not sure everyone realizes just how valuable these partnerships are-they’re monthly recurring revenue from brands paying for our marketing services, including banner ads, email campaigns, and influencer content. Each of these drives traffic and sales on CWSpirits.com, which we own. We’re incredibly proud of each new partner that trusts us with their brand’s growth, and we believe that October’s results are a testament to the platform’s strength.” The company's stock gained around 78% over the past month and has a 52-week high of $3.47.
• RSI Value: 82.00                              
• LQR Price Action: Shares of LQR gained 10.9% to close at $1.00 on Friday.

• On Nov. 14, The Arena Group delivered the first quarter of positive net income. The Arena Group CEO Sara Silverstein said, "We're achieving meaningful revenue diversification, including a significant increase in e-commerce and other revenue, enabling a substantial improvement in profitability. We generated higher gross margins, returned to positive operating income, and delivered our first-ever quarter of positive net income." The company's stock gained around 200% over the past five days and has a 52-week high of $4.74.
• RSI Value: 91.13
• AREN Price Action: Shares of Arena Group gained 207% to close at $1.75 on Friday.