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.

• Meta Platforms plans to build a massive fiber-optic subsea cable and become its sole owner. The cable would reportedly span 40,000-kilometers and give Meta a dedicated pipe for data traffic worldwide. The company's stock gained around 8% over the past five days and has a 52-week high of $614.20.
• RSI Value: 70.00                              
• META Price Action: Shares of Meta Platforms jumped 3.5% to close at $613.65 on Tuesday.
• Benzinga Pro's real-time newsfeed alerted to latest META news.

• On Dec. 2, Canaccord Genuity analyst Maria Ripps maintained Netflix with a Hold and raised the price target from $760 to $940. The company's stock gained around 19% over the past month and has a 52-week high of $908.00.
• RSI Value: 74.80
• NFLX Price Action: Shares of Netflix gained 0.5% to close at $902.17 on Tuesday.
• Benzinga Pro’s charting tool helped identify the trend in NFLX stock.

• On Nov. 18, Evercore ISI Group analyst Vijay Jayant maintained Walt Disney with an Outperform and raised the price target from $128 to $134. The company's stock gained around 22% over the past month and has a 52-week high of $123.74.
• RSI Value: 72.99
• DIS Price Action: Shares of Disney fell 0.6% to close at $116.45 on Tuesday.
• Benzinga Pro’s signals feature notified of a potential breakout in DIS shares.