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.Here’s the latest list of major overbought players in this sector.EchoStar Corp (NASDAQ: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.
