Top 2 Tech And Telecom Stocks That May Plunge This Quarter

As of May 11, 2026, 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 Pr. Here's the latest list of major overbought players in this sector. Alphabet Inc (NASDAQ:GOOGL) On April 29, Alphabet reported first-quarter results, beating analyst estimates on the top and bottom lines. "This was our strongest quarter ever for our consumer AI plans, driven by the Gemini App. Overall the number of paid subscriptions has now reached 350 million, with YouTube and Google One being the key drivers," Alphabet CEO Sundar Pichai said. The company's stock gained around 26% over the past month and has a 52-week high of $402.00. RSI Value: 83.8 GOOGL Price Action: Shares of Alphabet gained 0.7% to close at $400.71 on Friday. Edge Stock Ratings: 93.17 Momentum score with Value at 22.16. Array Digital Infrastructure Inc (NYSE:AD) On May 8, Array Digital Infrastructure reported better-than-expected first-quarter EPS results. “Array is executing on its 2026 priorities,” said Anthony Carlson, President and CEO. “Since standing-up Array just eight months ago, we remain laser-focused on optimizing our tower operations, including securing new colocation applications and delivering steady tower tenancy growth. And we are continuing to close our pending spectrum transactions and support T-Mobile’s integration.” The company's stock gained around 14% over the past five days and has a 52-week high of $79.16. RSI Value: 74.9 AD Price Action: Shares of Array Digital Infrastructure gained 13.1% to close at $55.77 on Friday. Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare. Photo via Shutterstock