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 09/06/2024
| Ticker - Company | Closing Price | 50-Day Moving Avg. | 200-Day Moving Avg. | RSI (14-Day) |
| BA - Boeing Co | 157.62 | 176.65 | 195.24 | 22% |
| CRM - Salesforce Inc | 243.97 | 254.43 | 268.39 | 25% |
| CVX - Chevron Corp | 138.56 | 150.97 | 152.95 | 28% |
| DOW - Dow Inc | 50.68 | 53.00 | 54.97 | 28% |
| GOOG - Alphabet Inc | 152.13 | 172.86 | 158.17 | 30% |
| GOOGL - Alphabet Inc Class A | 150.92 | 171.22 | 156.70 | 30% |
| META - Meta Platforms Inc | 500.27 | 505.03 | 457.65 | 30% |
| SCHW - Charles Schwab Corp | 62.90 | 66.60 | 68.23 | 26% |
| WBA - Walgreens Boots Alliance Inc | 8.77 | 10.83 | 17.95 | 15% |
Note: RSI = Wilder's Relative Strength Index. Oversold = (RSI < 30).
Overbought Stocks as of 09/06/2024
| Ticker - Company | Closing Price | 50-Day Moving Avg. | 200-Day Moving Avg. | RSI (14-Day) |
| AMT - American Tower Corp | 236.16 | 215.97 | 200.90 | 80% |
| CL - Colgate-Palmolive Co | 107.86 | 100.93 | 90.06 | 86% |
| DUK - Duke Energy Corp | 116.60 | 109.25 | 99.95 | 73% |
| GILD - Gilead Sciences Inc | 78.72 | 73.90 | 73.26 | 82% |
| MDLZ - Mondelez International Inc | 75.31 | 68.72 | 70.38 | 85% |
| MDT - Medtronic PLC | 89.89 | 82.13 | 82.85 | 74% |
| MO - Altria Group Inc | 53.69 | 49.98 | 44.45 | 77% |
| PG - Procter & Gamble Co | 175.59 | 168.18 | 160.42 | 78% |
| PM - Philip Morris International | 125.81 | 113.43 | 99.34 | 86% |
| T - AT&T Inc | 20.97 | 19.29 | 17.64 | 90% |
| UNH - UnitedHealth Group Inc | 596.88 | 557.26 | 518.96 | 72% |
| V - Visa Inc | 279.37 | 266.22 | 270.39 | 77% |
| WMT - Walmart Inc | 76.64 | 71.25 | 61.65 | 85% |
Notes:
Note: RSI = Wilder's Relative Strength Index. Overbought = (RSI > 70).
