Poor 2016 price action sets some stocks up for pop

Worried NYSE traders
Spencer Platt | Getty Images

Stocks had a rocky end to 2015 and have stalled out of the gates so far this year. The poor price action has put many notable stocks into oversold territory, setting them up for a potential rebound if history is any guide.

As certain stocks deviate from their trading ranges, technical analysts and investors alike often look for buying opportunities among those names. The idea is that — statistically — asset classes tend to revert to their averages.

In the past month, U.S. stocks have remained in the red, dragged lower by losses in the Dow transportation average and the Russell 2000, which are down between 6 and 7 percent. Other major indexes like the S&P 500 and Dow have fallen about 4 percent.

Read MoreRoller coaster: Trading the volatile start to 2016

Using the quantitative tool Kensho, CNBC Pro searched for stocks in the S&P 500 that are likely to revert back toward their 50-day moving average.

Among the stocks to make the list, we then looked for the ones with positive ratings from Wall Street analysts.

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