Top 3 Tech And Telecom Stocks That May Crash In Q4
As of Oct. 9, 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 Pro. Here’s the latest list of major overbought players in this sector. Chunghwa Telecom Co Ltd (NYSE: CHT ) On Aug. 5, Chunghwa Telecom posted an increase in earnings and sales results for the second quarter. "We delivered a solid second quarter and first half, with revenue, operating income, net income attributable to stockholders of the parent, and EPS all exceeding the high ends of our guidance for both periods," said Mr. Chih-Cheng Chien, Chairman and CEO of Chunghwa Telecom. The company’s stock gained around 4% over the past month and has a 52-week high of $46.48. RSI Value: 70.5 CHT Price Action: Shares of Chunghwa Telecom gained 0.9% to close at $46.20 on Thur
As of Oct. 9, 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 Pro. Here’s the latest list of major overbought players in this sector. Chunghwa Telecom Co Ltd (NYSE: CHT ) On Aug. 5, Chunghwa Telecom posted an increase in earnings and sales results for the second quarter.
"We delivered a solid second quarter and first half, with revenue, operating income, net income attributable to stockholders of the parent, and EPS all exceeding the high ends of our guidance for both periods," said Mr. Chih-Cheng Chien, Chairman and CEO of Chunghwa Telecom. 48. 20 on Thursday.
64. IDT Corp (NYSE: IDT ) On Sept. 28, IDT reported better-than-expected fourth-quarter sales results. 30.
65 on Thursday. Angi Inc (NASDAQ: ANGI ) On Sept. 22, Angi named Michael Steib as CEO. 58.
28 on Thursday. Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare. Photo via Shutterstock