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Top 3 tech and telecom stocks that may fall off a cliff this quarter

EA logo sign on its office building in Austin, Texas, USA. Electronic Arts Inc. (EA) is an American video game company.
EA logo sign on its office building in Austin, Texas, USA. Electronic Arts Inc. (EA) is an American video game company.

As of July 22, 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. 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...

As of July 22, 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.

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.

Here’s the latest list of major overbought players in this sector.

EchoStar Corp ECHO

  • On July 17, Raymond James analyst Ric Prentiss upgraded EchoStar from Market Perform to Strong Buy and announced a $115 price target. The company’s stock gained around 1% over the past five days and has a 52-week high of $104.74.
  • RSI Value: 85.2                                
  • ECHO Price Action: Shares of EchoStar rose 4.9% to close at $94.76 on Tuesday.

Electronic Arts Inc EA

  • On May 5, Electronic Arts posted downbeat fourth-quarter results. “Driven by our talented teams and disciplined execution, we delivered a record FY26, highlighted by the incredibly successful launch of our iconic Battlefield franchise,” said Andrew Wilson, CEO of Electronic Arts. “With the recent completion of a debt process that was met with strong investor demand and our ongoing constructive engagement with regulators, we look ahead to closing the transaction and the opportunities it will unlock.” The company’s stock gained around 3% over the past month and has a 52-week high of $209.34.
  • RSI Value: 74.7
  • EA Price Action: Shares of Electronic Arts fell 0.1% to close at $209.04 on Tuesday.
  • Edge Stock Ratings: 67.29 Momentum score with Value at 5.75.
Top 3 Tech And Telecom Stocks That May Fall Off A Cliff This Quarter

IDT Corp IDT

  • On June 3, IDT posted better-than-expected quarterly results. Shmuel Jonas, CEO, said, "IDT’s year-over-year revenue and earnings growth was again powered by the continued expansion and operating leverage of our three high-margin businesses, paired with another quarter of steady cash generation from our Traditional Communications segment." The company’s stock gained around 21% over the past month and has a 52-week high of $69.15.
  • RSI Value: 71.8
  • IDT Price Action: Shares of IDT gained 0.5% to close at $63.35 on Tuesday.

Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.

Photo via Shutterstock

This article Top 3 Tech And Telecom Stocks That May Fall Off A Cliff This Quarter originally appeared on Benzinga.com.

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