UPS, Electronic Arts among most oversold stocks after wild week on Wall Street
A handful of stocks could be due for a rebound after a volatile trading week on Wall Street. Stocks turned lower on Friday after the White House said President Donald Trump ‘s plan for tariffs on Mexico, Canada and China would be implemented on Saturday. The news overshadowed fresh inflation data earlier in the day that showed the Federal Reserve’s preferred measure of price pressures was in line with economists’ forecasts, while corporate earnings continued to churn. News of the tariffs closed out a volatile week that saw shares of Nvidia pull back more than 15 % from Monday to Friday as investors reevaluated the artificial intelligence trade . For the week, the S & P 500 notched a 1% loss , while the Dow Jones Industrial Average ticked up 0.27 % . The Nasdaq Composite slipped nearly 1.6%. Against this backdrop, CNBC Pro screened for stocks that are the most overbought and oversold by examining their respective 14-day relative strength index, or RSI. A 14-day RSI above 70 typically indicates that a stock is likely overbought and could see shares fall. Comparatively, a stock with an RSI reading below 30 could suggest a stock has been oversold and turn higher as a result. Shipping giant United Parcel Service is one of the stocks under selling pressure. Shares have fallen more than 14% this week . On Thursday, UPS issued weaker-than-expected full-year revenue guidance, and also said it would reduce deliveries for its shipping partner Amazon by more than half by late 2026. At the same time, the company is embarking on a multiyear restructuring program that could cut costs by about $1 billion. UPS’ 14-day RSI of 28.99 indicates shares could rebound. Consensus price targets from analysts polled by LSEG indicate nearly 28% upside for UPS stock moving forward. UPS 5D mountain UPS stock. Electronic Arts also made the list. Shares of the video game developer have tumbled nearly 11% over the past year. The stock fell this week after the firm trimmed its full-year bookings forecast , largely due to difficulties with its soccer franchise. EA 5D mountain Electronic Arts stock. The stock has a 14-day RSI of 16.89, which could signal that EA stock has been under excessive pressure and could tick higher. Forecasts from analysts surveyed by LSEG indicate nearly 22% upside for the stock ahead. Among overbought names, Starbucks made the list. Stock in the coffee chain has advanced nearly 9%, on the heels of the company’s better-than-expected earnings for the first quarter on Tuesday. Starbucks same-store sales have declined for four straight quarters, but some investors are beginning to bet that new CEO Brian Niccol’s turnaround plan is gaining traction. Niccol came to Starbucks from Chipotle Mexican Grill with a reputation for injecting new life into brands. SBUX 5D mountain Starbucks stock. However, Starbucks stock could be getting ahead of itself given its 14-day RSI of 79.13. Average analyst price targets from LSEG indicate shares could be due for a 3% pullback. Other overbought names that popped up include GE Aerospace and Visa .
