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 10/18/2024
| Ticker - Company | Closing Price | 50-Day Moving Avg. | 200-Day Moving Avg. | RSI (14-Day) |
| ABBV - AbbVie Inc | 188.86 | 194.31 | 176.41 | 22% |
| TSLA - Tesla Inc | 220.70 | 227.38 | 201.59 | 22% |
Note: RSI = Wilder's Relative Strength Index. Oversold = (RSI < 30).
Overbought Stocks as of 10/18/2024
| Ticker - Company | Closing Price | 50-Day Moving Avg. | 200-Day Moving Avg. | RSI (14-Day) |
| ABT - Abbott Laboratories | 119.39 | 113.88 | 110.45 | 72% |
| ACN - Accenture Ltd | 376.86 | 344.96 | 334.93 | 75% |
| BAC - Bank Of America Corp | 42.32 | 39.84 | 37.89 | 74% |
| BK - Bank of New York Mellon Corporation | 76.67 | 69.72 | 60.73 | 74% |
| CSCO - Cisco Systems Inc | 56.76 | 51.07 | 49.01 | 79% |
| GM - General Motors Company | 49.18 | 46.88 | 43.81 | 81% |
| GS - Goldman Sachs Group Inc | 528.50 | 497.73 | 444.81 | 77% |
| HON - Honeywell International | 222.02 | 205.34 | 203.13 | 81% |
| IBM - International Business Machines Corp | 232.20 | 211.98 | 187.57 | 73% |
| JPM - JPMorgan Chase and Co | 225.37 | 213.64 | 197.40 | 74% |
| KMI - Kinder Morgan Inc | 24.95 | 22.10 | 19.57 | 86% |
| MA - Mastercard Incorporated | 516.34 | 486.38 | 462.69 | 76% |
| MCD - McDonalds Corp | 316.56 | 294.20 | 279.00 | 77% |
| MS - Morgan Stanley | 121.06 | 103.20 | 95.88 | 93% |
| NVDA - NVIDIA Corporation | 138.00 | 121.59 | 100.41 | 71% |
| SCHW - Charles Schwab Corp | 71.36 | 64.92 | 68.40 | 77% |
| SPG - Simon Property Group | 176.92 | 165.76 | 152.33 | 71% |
| TMUS - T-Mobile US Inc | 223.21 | 203.14 | 177.03 | 95% |
| V - Visa Inc | 290.62 | 276.58 | 274.07 | 78% |
| WBA - Walgreens Boots Alliance Inc | 10.79 | 9.44 | 15.81 | 73% |
| WFC - Wells Fargo & Company | 64.36 | 56.39 | 56.32 | 86% |
Notes:
Note: RSI = Wilder's Relative Strength Index. Overbought = (RSI > 70).
