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. 16, Rick Hospitality reported better-than-expected fourth-quarter financial results.. The company's stock surged around 15% over the past six months and has a 52-week high of $63.76.
• RSI Value: 72.7                                
• RICK Price Action: Shares of RCI Hospitality gained 1% to close at $53.32 on Tuesday.

• On Nov. 12, Sypris Solutions posted third-quarter earnings of 2 cents per share versus a year-ago loss of 3 cents per share. “We were pleased with the year-over-year revenue growth at Sypris Electronics,” commented Jeffrey T. Gill, President and Chief Executive Officer. “The backlog at Sypris Electronics exceeds $100 million and is expected to support growth through the remainder of 2024 and beyond. Customer funding has already been secured for a significant portion of these key programs, which enables us to procure inventory under multi-year purchase orders to mitigate future supply chain issues." The company's stock gained around 32% over the past month and has a 52-week high of $3.72.
• RSI Value: 86.9
• SYPR Price Action: Shares of Sypris Solutions gained 6.1% to close at $2.08 on Tuesday.