Top 3 Utilities Stocks That May Crash This Month

As of Nov. 9, 2026, three stocks in the utilities 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 Pro.

Here’s the latest list of major overbought players in this sector.

NorthWestern Energy Group Inc (NASDAQ:NWE)

• On Nov. 4, NorthWestern Energy Group posted upbeat quarterly sales. The company’s stock gained around 12% over the past month and has a 52-week high of $84.18.
• RSI Value: 77.7                                
• NWE Price Action: Shares of NorthWestern Energy gained 0.9% to close at $82.73 on Friday.
• Edge Stock Ratings: 88.87 Momentum score with Value at 65.93.

Middlesex Water Co (NASDAQ:MSEX)

• On Oct. 29, Middlesex Water posted better-than-expected quarterly earnings. “Our strong third-quarter results reflect increased wholesale demand, higher customer consumption, and the continued execution of our regulatory strategy,” said Nadine Leslie, Chair, President, and Chief Executive Officer of Middlesex Water Company. “As we deliver solid earnings growth, we remain focused on investing in critical water and wastewater infrastructure, strengthening system reliability, and pursuing selective and sustainable growth under our MWC 2030 Vision to create long-term value for customers and shareholders.” The company’s stock gained around 12% over the past month and has a 52-week high of $59.96.
• RSI Value: 71
• MSEX Price Action: Shares of Middlesex Water rose 0.6% to close at $59.87 on Friday.

California Water Service Group (NYSE:CWT)

• On Oct. 28, California Water Service Group posted downbeat quarterly results. “We are making investments needed to provide safe, reliable water service; working with our regulators to recover costs while keeping rates affordable; focusing on maintaining a strong balance sheet; preparing for emergencies that can affect our customers, including extreme weather events and wildfires; and making a difference in our communities. We delivered strong results by maintaining a laser focus on executing our strategy and putting our customers first,” Chairman and Chief Executive Officer Martin A. Kropelnick said. The company’s stock gained around 11% over the past month and has a 52-week high of $53.82.
• RSI Value: 70.9                                                                                                    
• CWT Price Action: Shares of California Water Service rose 0.4% to close at $51.04 on Friday.

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