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 03/15/2024
Ticker - Company | Closing Price | 50-Day Moving Avg. | 200-Day Moving Avg. | RSI (14-Day) |
AMGN - Amgen Inc | 268.87 | 294.98 | 265.68 | 27% |
BA - Boeing Co | 182.53 | 206.99 | 213.88 | 28% |
KHC - Kraft Heinz Company | 34.37 | 36.34 | 35.09 | 26% |
MCD - McDonalds Corp | 279.14 | 292.31 | 283.50 | 22% |
MRK - Merck & Co | 121.52 | 123.22 | 110.85 | 20% |
TSLA - Tesla Inc | 163.57 | 197.21 | 234.37 | 17% |
UNH - UnitedHealth Group Inc | 490.82 | 510.15 | 508.95 | 28% |
UNP - Union Pacific Corp | 244.13 | 246.50 | 224.01 | 28% |
Note: RSI = Wilder's Relative Strength Index. Oversold = (RSI < 30).
Overbought Stocks as of 03/15/2024
Ticker - Company | Closing Price | 50-Day Moving Avg. | 200-Day Moving Avg. | RSI (14-Day) |
AIG - American International Group | 76.27 | 70.48 | 63.35 | 87% |
BAC - Bank Of America Corp | 35.41 | 33.87 | 30.45 | 75% |
C - Citigroup | 57.61 | 54.79 | 47.17 | 70% |
CAT - Caterpillar Inc | 346.97 | 313.82 | 274.41 | 76% |
CL - Colgate-Palmolive Co | 88.45 | 84.14 | 77.46 | 73% |
COP - ConocoPhillips | 120.04 | 112.07 | 113.90 | 74% |
DUK - Duke Energy Corp | 94.71 | 94.68 | 92.14 | 71% |
EMR - Emerson Electric Co | 110.59 | 101.30 | 94.54 | 76% |
FDX - Fedex Corp | 253.29 | 245.84 | 251.25 | 72% |
GE - General Electric Co | 168.89 | 143.71 | 120.82 | 72% |
LIN - Linde plc | 468.23 | 427.91 | 395.69 | 75% |
LOW - Lowes Companies Inc | 244.73 | 226.31 | 217.01 | 73% |
MET - Metlife Inc | 72.39 | 69.18 | 63.24 | 80% |
MMM - 3M Company | 105.00 | 97.61 | 99.09 | 86% |
MO - Altria Group Inc | 43.87 | 41.01 | 42.52 | 74% |
NEE - NextEra Energy | 60.08 | 57.83 | 62.99 | 81% |
ORCL - Oracle Corp | 125.54 | 112.58 | 112.68 | 75% |
PM - Philip Morris International | 94.27 | 92.03 | 93.64 | 73% |
PYPL - PayPal Holdings Inc | 62.85 | 60.69 | 61.51 | 70% |
WFC - Wells Fargo & Company | 57.51 | 51.55 | 45.14 | 79% |
Notes:
Note: RSI = Wilder's Relative Strength Index. Overbought = (RSI > 70).