Two materials stocks are flashing momentum warning signs as February gets underway, especially for traders who pay close attention to technical signals. Both names have rallied sharply in a short period, pushing their RSI readings into overbought territory.

The RSI measures how stretched a stock may be after rapid gains. Readings above 70 often signal elevated risk of near term pullbacks, even when fundamentals remain intact.

Almonty Industries has surged roughly 39 percent over the past month, fueled by bullish analyst commentary and rising enthusiasm around its growth outlook. DA Davidson recently reiterated a Buy rating and raised its price target, helping drive the rally.

That strength has pushed Almonty’s RSI above 74, a level that suggests momentum may be running hot. Shares have pulled back slightly, but the stock remains near its 52 week high, leaving little margin for error if sentiment cools.

Air Products and Chemicals is showing a similar setup. The company delivered better than expected earnings and highlighted strong base business performance, sending shares sharply higher over the past week.

Air Products now carries an RSI near 76 after a fast 12 percent move higher. While fundamentals appear solid, the pace of the rally raises the risk of short term exhaustion.

The takeaway for investors is not that these businesses are broken. It is that momentum has become crowded, and elevated technical readings often precede volatility or consolidation.