Top 2 Tech And Telecom Stocks You May Want To Dump This Quarter

As of April 22, 2025, two 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.

Telefonica SA (NYSE:TEF)

• On Feb. 27, Telefonica posted better-than-expected FY 2024 sales. The company's stock jumped around 11% over the past month and has a 52-week high of $5.05 .
• RSI Value: 70.1                                
• TEF Price Action: Shares of Telefonica gained 2.2% to close at $5.02 on Monday.
• Edge Stock Ratings: 84.76 Momentum score with Value at 31.01.

Surgepays Inc (NASDAQ:SURG)

• On March 25, SurgePays reported better-than-expected FY24 sales results. Brian Cox, Chairman and CEO, commented, “We built the infrastructure. Now we are scaling. With AT&T integration complete and LinkUp Mobile launching nationally, SurgePays is positioned for the most aggressive revenue growth phase in our history.” The company's stock gained around 103% over the past month and has a 52-week high of $4.38.
• RSI Value: 74.1
• SURG Price Action: Shares of Surgepays rose 6.8% to close at $2.66 on Monday.

Don't miss out on the full BZ Edge Rankings—compare all the key stocks now.

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