S&P500 Report: 132 Overbought, Only 1 Oversold

The average RSI7 of all the S&P500 companies now is 64.47, approaching overbought, but not quite there. However, there are 132 overbought companies and only 1 oversold (measured by using the arbitrary 70-30 RSI7 thresholds).

Overbought companies:

DPS 89.747
CNP 89.361
C 86.935
VAR 86.850
AVY 86.213
RRD 85.788
GPC 85.577
MHS 84.209
SGP 84.075
CCE 84.015
AIG 82.996
BMY 82.290
FE 82.245
RRC 82.024
JAVA 81.860
WEC 81.799
PDCO 81.640
MRK 81.298
RAI 81.156
FRX 80.702
NU 80.659
PNW 80.644
MMC 79.994
CRM 79.722
CMS 79.401
MO 79.317
SJM 78.802
AEE 78.755
CAH 78.722
LEG 78.076
DFS 77.936
DTE 77.902
AOC 77.720
MCK 77.407
JDSU 77.312
IR 77.171
CAG 77.072
GPS 77.040
EIX 76.939
BDK 76.877
PFE 76.859
AIZ 76.533
RF 76.475
TGT 76.047
GIS 75.869
LEN 75.666
CHRW 75.238
MOT 75.158
MYL 74.972
ABC 74.935
ESRX 74.813
CEG 74.761
AET 74.707
HNZ 74.692
SYK 74.549
MDT 74.506
UNM 74.496
SII 74.486
WHR 74.453
CVS 74.425
HAL 74.425
HRB 74.178
ZMH 74.094
JEC 74.088
LO 74.053
NOC 73.966
ZION 73.885
RX 73.787
HIG 73.781
SCG 73.777
WYE 73.758
APC 73.671
K 73.669
OXY 73.503
CTAS 73.502
HUM 73.428
TE 73.381
COF 73.328
TEG 73.322
BCR 73.241
PCP 73.192
POM 73.176
HAR 72.872
JBL 72.831
TSS 72.799
CAM 72.574
LTD 72.517
STI 72.459
CA 72.452
PGR 72.452
GD 72.371
NI 72.260
SYY 72.233
CIEN 72.209
EQT 72.189
PBG 72.171
A 71.920
TWC 71.898
WYN 71.878
GENZ 71.795
EMN 71.780
WFMI 71.756
ITT 71.538
ETR 71.507
BBT 71.491
UNH 71.446
BIIB 71.433
PFG 71.351
GR 71.345
KMB 71.332
HOT 71.304
HRS 71.292
UTX 71.154
STZ 71.116
ADI 71.094
IP 71.087
BNI 71.076
GAS 71.015
LH 70.951
L 70.948
LNC 70.709
PRU 70.673
AES 70.607
FIS 70.566
R 70.424
OMC 70.354
AEP 70.241
SBUX 70.212
MA 70.171
HCN 70.136
COG 70.098
AIV 70.039
PAYX 70.015

Oversold:

INTU 28.180


RSI7 of other ETFs and indices I follow:

UNG 17.870
SPY 70.220
IWM 67.090
XLF 68.925
DIA 69.427
USO 61.011
^VIX 45.204

Note how UNG is oversold.