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 Jan. 27, Diginex announced underwriters’ full exercise of over-allotment option. The company's stock gained around 58% over the past month and has a 52-week high of $141.86.
• RSI Value: 72                                   
• DGNX Price Action: Shares of Diginex gained 10.6% to close at $107.29 on Wednesday.

• On March 19, Aeva Technologies reported better-than-expected fourth-quarter financial results. “Aeva in 2024 accelerated the growing adoption of FMCW technology, with expanded partnerships in automotive and our growing pace of new production wins in industrial robotics, security and infrastructure,” said Soroush Salehian, Co-founder and CEO at Aeva. The company's stock gained around 82% over the past five days and has a 52-week high of $5.81.
• RSI Value: 80.6
• AEVA Price Action: Shares of Aeva Technologies gained 11.8% to close at $5.80 on Wednesday.