Long Stock (Oversold) 25 Jan 18

Oversold is a condition in which the price of an underlying stock has fallen sharply to a level below where its true value resides.  This condition is usually a result of market overreaction or panic selling and is generally considered short term in nature.  When an underlying stock has been oversold, the price is expected to rebound in an event referred to as a price bounce.

Symbol	Price	RSI-2	Full STO	MACD
STM	$22.91	3.09	15.05	-0.451
TER	$44.80	8.58	39.80	-0.692
UNP	$133.60	1.87	43.91	-2.027
HFC	$48.50	5.05	35.27	-0.779
XIV	$137.61	13.19	36.25	-1.164
GLW	$33.81	2.98	14.03	-0.208
LEN	$68.47	4.20	21.54	-0.656
MTG	$15.33	8.71	24.00	-0.081
SCHW	$54.18	4.59	35.95	-0.317
ADI	$91.98	4.00	27.79	-1.059

 
Identifying areas where the price of an underlying stock has been unjustifiably pushed to extremely low levels is the main goal of many technical indicators such as the relative strength index (RSI), the stochastic oscillator (STO) and the moving average convergence divergence (MACD).  This allows investors to purchase securities at below-actual-value prices and potentially sets up for a quick return should the market correct as expected