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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 Inc73.34 76.5868.54 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 Inc318.89 277.49266.12 75%
ABBV - AbbVie Inc92.10 80.7581.09 77%
ADBE - Adobe Systems Inc385.26 335.81316.52 75%
BKNG - Booking Holdings, Inc1631.30 1385.611799.82 73%
FB - Facebook Inc234.91 183.40192.56 82%
GM - General Motors Company25.98 21.7632.20 75%
LOW - Lowes Companies Inc122.25 96.38109.34 82%
NKE - Nike Inc Cl B93.75 83.9990.98 71%
NVDA - NVIDIA Corporation361.05 280.05231.16 82%
PYPL - PayPal Holdings Inc150.86 115.50109.92 80%

Notes:

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

Bar Chart of Relative Strength Index (RSI) values for S&P 100 stocks