S&P500 Most Overbought and Most Oversold Report, June 26

The S&P500 has now shifted somewhat into overbought territory again in terms of the number of companies with RSI7s over 70 and below 30.

Today we have 34 overbought companies:



(please click to enlarge)

We have 16 oversold companies:




RSI7s of some of the ETFs we follow:



Note the low RSI for volatility (VIX) corresponding to the stable range we have had for the last couple of months.