CNBC Pro screened for the most overbought and oversold in the broad S&P 500 index.
Package product maker Sealed Air was the most sold-off stock in recent weeks. Shares saw the lowest average relative strength index, or RSI, in the S & P 500 in the past 14 days, which means it's the most oversold in that time period. An RSI reading lower than 30 can indicate a stock has fallen too far and is at a price that may present a good time to buy in before a bounce. On the other hand, an RSI above 70 means it may be overbought and due for a pull back.
Morgan Stanley, which is trading near its flatline for the year despite the broader market's climb, may see its own rally ahead. Slightly more than half of analysts rate the stock a buy, with an average price target implying an upside of nearly 14%. Insulin management product maker Insulet and consumer products company International Flavors & Fragrances also had some of the lowest RSIs.
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