The oversold cohort of S&P 500 stocks, the 10% of equities with the lowest rolling 20-day z-score, is dominated by communication services (10 companies) and consumer discretionary (nine) sectors. Financials (six) and health care (five) also are well represented.
The most oversold stock in the S&P 500 is Vertex, with a rolling z-score of negative 4.07, more than four standard deviations below its 20-day simple moving average. Verizon (negative 2.98) and Fidelity National Information Services (minus 2.36) round out the three most oversold readings. (A complete list of the 50 most oversold equities can be found in the spreadsheet to the right.) #stocktalk
The most oversold stock in the S&P 500 is Vertex, with a rolling z-score of negative 4.07, more than four standard deviations below its 20-day simple moving average. Verizon (negative 2.98) and Fidelity National Information Services (minus 2.36) round out the three most oversold readings. (A complete list of the 50 most oversold equities can be found in the spreadsheet to the right.) #stocktalk