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These stocks should be this week's big movers

Traders work on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters
Traders work on the floor of the New York Stock Exchange.

The S&P 500 ended March with a nearly 7 percent gain in its best month since October and started off April with a 0.6 percent gain Friday. Which stocks in the benchmark should lead the way this week?

Using Kensho, a quantitative analytics tool, we ran a screen to find the stocks with the best statistical setup for success -- or failure -- this week. We did this by finding "oversold" stocks due for a pop because they are trading unusually lower than their 50-day moving average. Conversely, we found "overbought" stocks ready for a drop because they are trading far above normal levels relative to their 50-day moving average.

First, here are the oversold stocks. The table below shows the number of standard deviations the stocks are below their 50-day moving average and the chances they move higher this week based on their history of trading at these oversold levels.

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