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As of June 24, 2026, three stocks in the consumer discretionary 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.

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL)

• On June 9, Cracker Barrel reported third-quarter revenue of $797.37 million, beating analyst estimates of $776.69 million. The restaurant operator reported adjusted earnings of 29 cents per share, beating estimates for a loss of 45 cents per share, according to Benzinga Pro. "Our initiatives to improve operations, deepen guest connection and enhance profitability continue to gain traction, with strong execution from our teams driving third quarter results that exceeded expectations," said Julie Masino, president and CEO of Cracker Barrel. The company’s stock gained around 39% over the past month and has a 52-week high of $71.93.
• RSI Value: 72.6                                
• CBRL Price Action: Shares of Cracker Barrel gained 0.7% to close at $46.46 on Tuesday.
• Edge Stock Ratings: 88.93 Momentum score with Value at 42.18.

Newell Brands Inc (NASDAQ:NWL)

• On June 2, Newell Brands announced a €40 million investment in its French manufacturing and operations network over the next three years. The company’s stock gained around 42% over the past month and has a 52-week high of $6.64.
• RSI Value: 72.2
• NWL Price Action: Shares of Newell Brands gained 1.8% to close at $5.12 on Tuesday.

Biglari Holdings Inc (NYSE:BH)

• On May 8, Biglari Holdings reported first-quarter sales of $97.481 million up from $95.035 million in the year-ago period. The company’s stock gained around 25% over the past month and has a 52-week high of $483.60
• RSI Value: 72.6
• BH Price Action: Shares of Biglari rose 2.5% to close at $345.47 on Tuesday.

BZ Edge Rankings: Find out where other stocks stand—explore the full comparison now.

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