Oversold and Overbought Stocks

Oversold and Overbought Large-Cap Stocks: Weekly Update

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 05/22/2020

Ticker - Company	Closing Price	50-Day Moving Avg.	200-Day Moving Avg.	RSI (14-Day)
GILD - Gilead Sciences Inc	73.34	76.58	68.54	30%

Note: RSI = Wilder's Relative Strength Index. Oversold = (RSI < 30).

Overbought Stocks as of 05/22/2020

Ticker - Company	Closing Price	50-Day Moving Avg.	200-Day Moving Avg.	RSI (14-Day)
AAPL - Apple Inc	318.89	277.49	266.12	75%
ABBV - AbbVie Inc	92.10	80.75	81.09	77%
ADBE - Adobe Systems Inc	385.26	335.81	316.52	75%
BKNG - Booking Holdings, Inc	1631.30	1385.61	1799.82	73%
FB - Facebook Inc	234.91	183.40	192.56	82%
GM - General Motors Company	25.98	21.76	32.20	75%
LOW - Lowes Companies Inc	122.25	96.38	109.34	82%
NKE - Nike Inc Cl B	93.75	83.99	90.98	71%
NVDA - NVIDIA Corporation	361.05	280.05	231.16	82%
PYPL - PayPal Holdings Inc	150.86	115.50	109.92	80%

Notes:

Note: RSI = Wilder's Relative Strength Index. Overbought = (RSI > 70).

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