Are you looking for over-extended stocks to sell? Here is a look at the most overbought securities in today’s market.
Investors can use this list to find potential candidates to sell before they begin to pull back.
The most overbought candidates included in this list meet a number of criteria. First, each of the securities boasts a 14-day RSI reading above 70, deeming them to be in “overbought” territory and ripe for a correction. Second, we apply a liquidity screen to eliminate the more thinly-traded securities out there. More specifically, the list excludes equities with a market cap below $1 billion and those with a five-day average trading volume below the 1 million shares mark; also excluded from this list are stocks trading below $10 a share.
As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.
Most Overbought Stocks
| Ticker | Name | Price | 14-Day RSI | 1-Year Return |
|---|---|---|---|---|
| CODE | Spansion Inc | $32.15 | 85.49% | 155.56% |
| BLUE | Bluebird Bio Inc | $89.02 | 85.24% | 339.17% |
| CY | Cypress Semiconductor Corp | $13.96 | 85.22% | 46.03% |
| AVNR | Avanir Pharmaceuticals Inc | $16.94 | 84.17% | 496.65% |
| SPLS | Staples Inc | $16.59 | 82.86% | 7.52% |
| DF | Dean Foods Company | $18.07 | 79.11% | 6.29% |
| AXTA | Axalta Coating Systems Ltd. | $26.20 | 78.93% | 26.27% |
| HE | Hawaiian Electric Industries | $33.11 | 78.19% | 31.18% |
| KITE | Kite Pharma Inc. | $54.82 | 77.34% | 89.03% |
| HA | Hawaiian Holdings | $23.47 | 76.89% | 167.01% |
| CBST | Cubist Pharmaceuticals | $96.36 | 76.17% | 53.49% |
| RH | Restoration Hardware Holdings | $95.82 | 75.38% | 46.85% |
| KR | Kroger Company | $62.10 | 74.07% | 55.56% |
| LULU | Lululemon Athletica Inc | $53.29 | 74.05% | -9.98% |
| BMS | Bemis Company | $43.12 | 73.15% | 10.31% |
| CRUS | Cirrus Logic | $22.28 | 72.96% | 13.73% |
| AGIO | Agios Pharmaceuticals Inc | $115.85 | 72.51% | 491.98% |
| LB | L Brands Inc | $83.51 | 72.47% | 36.52% |
| ISIS | Isis Pharmaceuticals | $60.77 | 72.44% | 63.62% |
| WAG | Walgreen Company | $73.63 | 72.25% | 29.15% |
| DG | Dollar General Corp | $70.06 | 71.91% | 15.84% |
| DSW | DSW Inc | $35.96 | 71.50% | -16.24% |
| BURL | Burlington Stores Inc | $46.66 | 70.78% | 70.67% |
| MAC | Macerich Company | $80.44 | 70.43% | 37.48% |
| ETR | Entergy Corp | $87.82 | 70.10% | 43.50% |
| HCN | Health Care REIT | $76.03 | 70.04% | 41.03% |
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