As of Jan. 12, 2026, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Here's the latest list of major overbought players in this sector.
Scholastic Corp (NASDAQ:SCHL)
Iridium Communications Inc (NASDAQ:IRDM)
- On Dec. 4, Iridium appointed Louis Alterman to its board of directors. The company's stock gained around 8% over the past five days and has a 52-week high of $34.45.
- RSI Value: 70.1
- IRDM Price Action: Shares of Iridium Communications rose 4.3% to close at $19.34 on Friday.
Sphere Entertainment Co (NYSE:SPHR)
- On Jan. 9, Seaport Global analyst David Joyce upgraded Sphere Entertainment from Neutral to Buy and announced a $106 price target. The company's stock gained around 6% over the past month and has a 52-week high of $97.20.
- RSI Value: 70.2
- SPHR Price Action: Shares of Sphere Entertainment gained 4.3% to close at $95.26 on Friday.
Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.
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