Benzingaยท2025-10-29 12:01Group 1: Market Overview - As of October 29, 2025, two stocks in the energy sector are signaling potential warnings for momentum-focused investors [1] - The Relative Strength Index (RSI) is highlighted as a key momentum indicator, with values above 70 indicating overbought conditions [2] Group 2: Company Performance - Nabors Industries Ltd (NYSE:NBR) reported disappointing quarterly results, with a recent stock price of $47.17, reflecting a 0.2% decline [6] - The company has reduced its gross debt by approximately $330 million from the sale of Quail Tools, aiming for a total debt reduction exceeding 20% compared to June 30, 2025 [6] - The expected decrease in annual interest expense is around $45 million, which will improve adjusted free cash flow [6] - Nabors Industries' stock has gained approximately 15% over the past five days, with a 52-week high of $86.10, and an RSI value of 73 [6] Group 3: Teekay Corp Ltd - Teekay Corp Ltd (NYSE:TK) is set to announce its third-quarter earnings results on October 29 [6] - The stock has increased by around 13% over the past month, closing at $9.37 with a 52-week high of $9.47 [6] - Teekay's RSI value is reported at 71.1, indicating it is nearing overbought territory [6]