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 Dec. 19, WestPark Capital analyst Casey Ryan initiated coverage on Microvision with a Buy rating and announced a price target of $1.3. The company's stock gained around 56% over the past five days and has a 52-week high of $2.87.
• RSI Value: 70
• MVIS Price Action: Shares of Microvision gained 8.6% to close at $1.51 on Friday.

• On Nov. 18, Zenvia reported better-than-expected third-quarter sales results and a year-over-year net income increase. Cassio Bobsin, Founder & CEO of ZENVIA, said: “The highlight this quarter was the conclusion of the strategic plan we initiated back in 2018, that allowed us to officially launch the Zenvia Customer Cloud, a significant milestone in our commitment to enhancing customer relationships through practical, AI-driven solutions." The company's stock gained around 37% over the past month and has a 52-week high of $3.88.
• RSI Value: 71.65
• ZENV Price Action: Shares of Zenvia jumped 10.9% to close at $2.13 on Friday.