Oversold and Overbought Large-Cap Stocks
Stocks that move too far too fast in one direction have a slight tendency to experience short-term price reversals. The following tables list S&P-100 stocks that are oversold or overbought as measured by the 14-day Relative Strength Index (RSI). Stocks with RSI above 70 are considered overbought and more likely to experience a short-term price decline, while stocks with RSI below 30 are considered oversold and more likely to rebound in the short term. Here are this week's lists of low-RSI and high-RSI stocks:Oversold Stocks as of 10/11/2024
Ticker - Company | Closing Price | 50-Day Moving Avg. | 200-Day Moving Avg. | RSI (14-Day) |
AMT - American Tower Corp | 219.27 | 228.77 | 203.94 | 18% |
KO - Coca-Cola Co | 69.57 | 70.45 | 63.76 | 29% |
MDLZ - Mondelez International Inc | 70.66 | 72.31 | 70.67 | 16% |
MRK - Merck & Co | 109.73 | 114.53 | 122.78 | 28% |
Note: RSI = Wilder's Relative Strength Index. Oversold = (RSI < 30).
Overbought Stocks as of 10/11/2024
Ticker - Company | Closing Price | 50-Day Moving Avg. | 200-Day Moving Avg. | RSI (14-Day) |
BLK - Blackrock Incorporated | 990.26 | 898.23 | 822.86 | 71% |
CAT - Caterpillar Inc | 402.02 | 356.74 | 339.45 | 71% |
CRM - Salesforce Inc | 288.10 | 261.76 | 271.04 | 72% |
CSCO - Cisco Systems Inc | 54.25 | 50.06 | 48.88 | 75% |
CVS - CVS Health Corporation | 66.63 | 59.16 | 65.76 | 87% |
HD - Home Depot Inc | 411.90 | 378.06 | 359.31 | 71% |
HON - Honeywell International | 215.99 | 203.43 | 202.86 | 77% |
IBM - International Business Machines Corp | 233.26 | 207.41 | 185.79 | 77% |
KMI - Kinder Morgan Inc | 24.70 | 21.68 | 19.40 | 80% |
LMT - Lockheed Martin Corp | 604.17 | 571.63 | 485.02 | 71% |
LOW - Lowes Companies Inc | 275.76 | 252.64 | 235.07 | 70% |
MS - Morgan Stanley | 110.46 | 100.86 | 95.29 | 83% |
NVDA - NVIDIA Corporation | 134.80 | 118.30 | 98.23 | 78% |
TMUS - T-Mobile US Inc | 213.04 | 200.18 | 175.55 | 86% |
UNH - UnitedHealth Group Inc | 598.05 | 583.60 | 524.87 | 73% |
WFC - Wells Fargo & Company | 60.99 | 55.29 | 55.96 | 73% |
Notes:
Note: RSI = Wilder's Relative Strength Index. Overbought = (RSI > 70).