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.

• CoreCivic will release its first quarter financial results after the closing bell on Wednesday, May 7. The company's stock jumped around 16% over the past five days and has a 52-week high of $24.99.
• RSI Value: 71.1                                
• CXW Price Action: Shares of Corecivic gained 2.7% to close at $22.10 on Tuesday.
• Edge Stock Ratings: 95.23 Momentum score with Value at 65.79.

• On April 15, Eos Energy and Frontier Power announced a 5 GWh Memorandum of Understanding to advance long-duration energy storage in the United Kingdom. “We are proud to partner with Frontier Power, a respected leader in UK energy development, to bring Eos’ safe and recyclable storage technology to a new market,” said Justin Vagnozzi, Senior Vice President of Global Sales at Eos Energy Enterprises. The company's stock gained around 56% over the past five days and has a 52-week high of $6.64.
• RSI Value: 71.5
• EOSE Price Action: Shares of Eos Energy Enterprises gained 19.7% to close at $5.05 on Tuesday.