Super Micro’s stock has soared till it has become the most technically overbought in a year, but that hasn’t deterred bulls in the past.

Super Micro Computer shares spiked more than 12% during Tuesday trading, exactly one week before its February 25 deadline to file its 2024 annual report, along with its quarterly reports for the September 2024 and December 2024 periods.

Super Micro Computer Inc. stock was rising again on Tuesday, putting the server maker on course to extend its recent spell of gains. Shares, which trade under the ticker SMCI, rose 4.4% to $50.02 in premarket trading.