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.

• The company posted upbeat third-quarter earnings. “We delivered stronger sequential results that are consistent with our back-end weighted full-year outlook, while again producing positive free cash flow, further reducing debt, and strategically investing to capitalize on future demand,” said Michael Benstock, Chief Executive Officer. The company’s stock has a 52-week high of $12.58.
• RSI Value: 71.68
• SGC Price Action: Shares of Superior Group of Companies fell 3.9% to close at $11.34 on Tuesday.

• Texas Roadhouse reported weaker-than-expected third-quarter earnings. Jerry Morgan, Chief Executive Officer of Texas Roadhouse, Inc. commented, “We are pleased to report another quarter of double-digit sales growth, highlighted by increased guest counts, which has continued through the October period. Our operators are clearly providing a legendary experience that is resonating with our guests.” The company’s 52-week high is $118.16.
• RSI Value: 74.07
• TXRH Price Action: Shares of Texas Roadhouse fell 0.7% to close at $112.05 on Tuesday.

• Rover reported better-than-expected third-quarter financial results, raised FY23 revenue guidance above estimates and announced an extension of its share repurchase program. “We had an outstanding third quarter with 30% revenue growth, net income of $10.5 million and Adjusted EBITDA of $17.5 million,” said Rover co-founder and CEO, Aaron Easterly. The company has a 52-week high of $8.69.
• RSI Value: 71.01
• ROVR Price Action: Shares of Rover Group gained 0.8% to close at $8.50 on Tuesday.