Although the S & P 500 managed to touch a new all-time high this week, there are signs that certain stocks could be due for a pullback. The broad market index rose to fresh record highs this week on Thursday, gaining around 2% in that time. That marked the first consecutive weekly advance for the benchmark since early December. The 30-stock Dow Jones Industrial Average and tech-heavy Nasdaq Composite also advanced 2%. Those gains follow the release of strong corporate earnings from companies like Netflix, along with enthusiasm around the Trump administration’s policies. Against this backdrop, CNBC Pro used its stock screener tool to see which stocks are the most overbought and oversold by looking at their 14-day relative strength index, or RSI. A 14-day RSI above 70 means a stock is likely overbought and may soon turn lower. Conversely, an RSI reading lower than 30 often suggests a stock has been oversold and could soon bounce back. GE Aerospace is one of the most overbought names on Wall Street this week, with an RSI of 76.1. For the week, the stock has popped more than 7% after the company reported a top- and bottom-line beat for the fourth quarter. While 18 out of 20 analysts covering the company hold buy or strong buy ratings on shares, GE Aerospace might not have much more room to run, according to LSEG. The average price target is just 8.4% higher from where shares closed on Thursday. GE 5D mountain GE Aerospace shares over the last five days Arista Networks is another stock that appears overbought, with a 14-day RSI score of 74.2. Shares have climbed 7.6% for the week and hit a new 52-week high on Friday. The computer networking company has popped after President Donald Trump announced the $500 billion AI project Stargate. Arista Networks has been mentioned as a potential winner from the joint venture. According to Piper Sandler analyst James Fish, Arista Networks’ exposure to Oracle, Microsoft and OpenAI could lead to large addressable market opportunities over five years. Shares of the tech company are already trading nearly 13% above their consensus price target, per LSEG. Data storage company Seagate Technology has also reached overbought territory. Shares have surged more than 10% week to date after the company beat earnings and revenues estimates in its fiscal second quarter. The stock has an RSI reading of 76.7. The majority of analysts covering Seagate rate it a buy or a strong buy, and forecast shares rising 13.2% from where they closed on Thursday. Oversold stocks Electronic Arts is one of the most oversold names of the week, holding an RSI of just 8.1. On Wednesday, the stock tumbled 16.7%, marking its worst day since the dot-com bubble, after slashing its full-year net bookings guidance. Casino and resorts stock Las Vegas Sands is another underperforming name that could soon experience a comeback. The stock has an RSI of 27.2. Of the analysts who cover Las Vegas Sands, 15 out of 20 currently hold buy or strong buy ratings. The average price target implies more than 36% upside potential ahead for the battered stock. LVS YTD mountain Las Vegas Sands shares in 2025
