Friday, April 17, 2009

S&P 500 Most Oversold and Overbought Stocks By RSI


Following our S$P 500 topic, here are the 40 most extreme stocks in the index by RSI7 levels (including up to the closing prices of Thursday).

You will notice several familiar names in the lists.

Most oversold:

(Stock and RSI 7 level shown)



There is usually a good reason why these companies are so cheap. However, these are prime candidates for recovery.

Most overbought:




The RSIs were computed with a new tool that we will release in the future.

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