Benzinga·2026-01-15 12:45Core Insights - Two stocks in the energy sector are showing signs of being overbought, which may concern momentum-focused investors [1] Group 1: SLB NV (NYSE:SLB) - SLB is in discussions with US officials and Chevron to expand operations in Venezuela [4] - The stock has increased approximately 21% over the past month, reaching a 52-week high of $47.72 [4] - The RSI value for SLB is 76.5, indicating it is overbought [2][4] - SLB shares rose by 2.3% to close at $46.97 [4] - The momentum score for SLB is 78.67, with a value score of 36.41 [4] Group 2: Suncor Energy Inc (NYSE:SU) - Goldman Sachs analyst Neil Mehta maintained a Buy rating for Suncor Energy and raised the price target from $46 to $48 [4] - The stock has gained around 14% over the past month, with a 52-week high of $50.12 [4] - The RSI value for Suncor Energy is 78.1, indicating it is also overbought [2][4] - Suncor Energy shares increased by 3.2% to close at $49.65 [4]