"Buy low and sell high" is a simple investing adage that not only makes basic sense, but is backed by historical data.
But this philosophy is not just for fundamental investors. Technical analysts use statistics to find "oversold" stocks based on their trading history.
Using Kensho, a quantitative analytics tool used by hedge funds, we ran a screen to search for the most oversold stocks in the S&P 500, the Dow Jones industrial average and the Nasdaq 100. We looked for the stocks that historically had the biggest future five-day returns after reaching this oversold state.
Here are the stocks that are oversold and may be due for a pop next week.