Kristina Partsinevelos(@KristinaParts):Chip Musings: Per Jefferies, 47% of semis/hardware stocks are screening overbought on 14-day RSI (high was 70% in Dec '23, 66% on April 24) as of Friday's close. The SOX is now 60% above its 200-day moving average, a level not seen since March 2000 and July 1995.

Kristina Partsinevelos

@KristinaParts

@CNBC Nasdaq correspondent covering semiconductors and hardware. Montreal native with a passion for dance and cookies.

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Kristina Partsinevelos@KristinaParts

2026.05.11 19:19

Chip Musings: Per Jefferies, 47% of semis/hardware stocks are screening overbought on 14-day RSI (high was 70% in Dec '23, 66% on April 24) as of Friday's close. The SOX is now 60% above its 200-day moving average, a level not seen since March 2000 and July 1995.