CVS Health shares could be on the rebound after losing almost 30% in this year. The S & P 500 closed the week with a 2.5% gain, its best performance since June. Dow Jones Industrial Average, Nasdaq Composite and other indexes also gained 1.4% and 3.3% respectively for the week. Investors analyzed new data that showed signs of a slowing economic climate and eased pricing pressures. Both indexes posted their largest weekly gains since July. CNBC Pro screened FactSet data following this week’s movements to find the S & P 500 names that were overbought or oversold based on the 14-day relative strengths index (RSI). Stocks with a 14 day RSI above 70 are considered overbought, and may experience a pullback. A reading below 30 indicates that the stock is likely oversold, and may be a sign of an opportunity to buy. Alaska Air Group, which has a 14 day RSI reading of 14,26 and 80% of analysts rate the stock as a buy, is one of the most oversold stocks. Analysts expect a 55% increase in the price of the stock over the next year, based on average price targets. This is the largest projected gain on the list. CVS Health ranks as one of the S & P 500’s most oversold stocks. The pharmacy chain has a 14-day RSI score of just 9.92 and a consensus target price that implies a 41.2% increase. Over 6 of 10 Wall Street analysts who cover the stock rate it as a buy. Blue Shield of California dropped CVS’ pharmacy benefits management services in order to reduce drug costs. Shares of this company fell. Walgreens Boots Alliance, a competitor pharmacy chain, was also included on the list of oversold stocks. Only 5.9% analysts rated the stock as a buy. Dollar Tree has an RSI value of 13.87, which is oversold. FactSet says that the discount retailer’s upside is 25.4%. Nearly 36% of analysts recommend it as a buy. Dollar Tree shares have fallen 16% since 2023. Dollar Tree beat both the top and bottom line for its most recent quarter but lowered its earnings outlook. Oversold names also include gas and electric company PG &E, Citigroup and food processing company General Mills. Digital Realty Trust, with an RSI score of 83.21, is the stock that has the highest level of overboughtness in the S & P 500. Over 47% of analysts gave the real estate trust a “buy” rating, and the average price target implied a 5.8% decline. The shares of the real estate investment trust have increased by nearly 32% this year. The telecommunications giant Verizon, which has a RSI above 75, is also rated as overbought by 18.5% of analysts. The average price target for the company suggests that shares could rise by more than 13%. Verizon’s shares have fallen 11.5% in the past year. The Wall Street Journal published a report this summer that raised health concerns over the use and abandonment of lead-coated cables by Verizon and its competitors. TJX Companies has also been overbought. The RSI for the off-price retailer is above 73 and 64% analysts rate it as a buy. TJX Companies’ consensus price target implies a 6.8% increase. Shares are up 16.4% this year. According to a Jefferies survey, the stock is expected to benefit from this back-to school shopping season. Chipmaker and artificial-intelligence leader Nvidia , Mastercard , and Cisco Systems are also among the most overbought companies in the S & P 500.