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The 10 Most Overbought and Oversold Names in the S&P 500 (INDEXSP:.INX)


Tesoro is the most overbought, while Supervalu is the most oversold.

MINYANVILLE ORIGINAL We have listed the 10 most overbought and oversold names within the S&P 500 (INDEXSP:.INX) for September 21. does not look at the widely used RSI, which provides false signals and uses its own proprietary countertrend indicator. It is very interesting to see old world technology -- hardware and semis like Hewlett-Packard (NYSE:HPQ), Advanced Micro Devices (NYSE:AMD), Dell (NASDAQ:DELL), and Intel (NASDAQ:INTC) have been underperforming and oversold. We certainly do not view buying these names an opportunity.

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The most overbought name is Tesoro (NYSE:TSO).

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No positions in stocks mentioned.
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