×

Most of the S&P 500 should rebound this week

NYSE New York Stock Exchange traders markets
Lucas Jackson | Reuters

Nearly 400 members of the S&P 500 were "oversold" on a statistical basis at the end of last week and therefore should rebound this week, if history is any guide.

Many were so beaten down during the benchmark's worst month in nearly four years that they should trade higher for not just one week, but during all of September, CNBC analysis using Kensho, a hedge fund data tool, indicates.

The scan found the stocks that fell by a statistically significant number of standard deviations from their 50-day moving average. Declines of these magnitude preceded past rebounds, according to historical data.

Here are the top 10 stocks due for the biggest pops this week based on our analysis...

Contact Investing

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.