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.

• Kopin shares rose sharply on Wednesday amid a report suggesting the company may be interested in competing for an Army contract. The company's stock surged around 20% over the past five days and has a 52-week high of $2.82.
• RSI Value: 77.7                                
• KOPN Price Action: Shares of Kopin gained 14% to close at $1.47 on Wednesday.

• Guidewire Software will replace Arrowhead Pharmaceuticals in the S&P MidCap 400, effective prior to opening of trading on Jan. 27. The company's stock gained around 5% over the past five days and has a 52-week high of $209.14.
• RSI Value: 72.5
• GWRE Price Action: Shares of Guidewire Software gained 1.1% to close at $183.49 on Wednesday.

• On Jan. 10, Delta reported fourth-quarter adj. operating revenue growth of 5.7% year-over-year to $14.437 billion. GAAP operating revenue was $15.56 billion (+9.4% YoY), beating the consensus of $14.212 billion. The company's stock gained around 29% over the past five days and has a 52-week high of $11.14.
• RSI Value: 74.9
• HIMX Price Action: Shares of Himax gained 3.8% to close at $9.92 on Wednesday.