The most overbought stocks in the consumer staples sector presents an opportunity to go short on these overvalued companies.

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.

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

FitLife Brands, Inc. (NASDAQ:FTLF)

• FitLife Brands announced that the U.S. Bankruptcy Court approved the $18.5 million acquisition of substantially all of the assets of MusclePharm. The company's stock has a 52-week high of $22.74. .
• RSI Value: 70.28
• FTLF Price Action: Shares of FitLife Brands fell 1.9% to close at $22.01 on Tuesday.

Almacenes Éxito S.A. (NYSE:EXTO)

• The company's stock jumped more than 25% over the past month. The company's stock has a 52-week high of $7.00.
• RSI Value: 74.60
• EXTO Price Action: Shares of Almacenes Éxito fell 0.4% to close at $6.96 on Tuesday.

Blue Apron Holdings, Inc. (NASDAQ:APRN)

• Blue Apron announced an agreement to be acquired by Wonder Group for $13 per share. The company has a 52-week high of $28.80.
• RSI Value: 76.90
• APRN Price Action: Shares of Blue Apron gained 0.1% to close at $12.96 on Tuesday.

Hostess Brands, Inc. (NASDAQ:TWNK)

• The J. M. Smucker announced plans to acquire Hostess Brands for $34.25 per share, implying a total enterprise value of $5.6 billion. The company's 52-week high is $33.74.
• RSI Value: 70.66
• TWNK Price Action: Shares of Hostess Brands rose 0.1% to close at $33.40 on Tuesday.

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