Here are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning.
The following securities are the most oversold according to ConnorRSI as of Friday’s close. This Watchlist was created using the TradingMarkets Screener.
Top 5 Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Qualcomm Inc. | QCOM | 5.35 | $59.83 |
| Cms Energy Corp. | CMS | 5.56 | $24.03 |
| Teva Pharmaceutical Industries L | TEVA | 5.71 | $38.10 |
| Armour Residential R | ARR | 6.01 | $6.60 |
| Schlumberger N.V. | SLB | 6.18 | $68.91 |
Top 5 Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Oil Services ETF Market Vectors | OIH | 10.63 | $37.95 |
| Ultrapro QQQ Proshares | TQQQ | 16.08 | $50.04 |
| Powershares QQQ | QQQ | 16.16 | $64.69 |
| Russell 1000 Growth Index Ishare | IWF | 16.26 | $65.22 |
| Technology Select Sector SPDR | XLK | 17.00 | $28.69 |
Top 5 Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Ultra QQQ Proshares | QLD | 16.21 | $53.73 |
| Ultra Silver Proshares | AGQ | 18.21 | $49.88 |
| Ultrapro S&P 500 Proshares | UPRO | 19.46 | $85.86 |
| Ultrashort 20+ Year Treasury Pro | SSO | 19.65 | $59.34 |
| Financial Bull 3x Direxion | TBT | 26.47 | $61.42 |
Click here to learn how to start trading Leveraged ETFs with the newly-released ConnorsRSI momentum oscillator.