This beauty company is the most oversold S&P 500 stock

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CNBC Pro screened for the most overbought and oversold names in the stock market's benchmark index.

Ulta Beauty is underperforming and has sold off in recent weeks, but data shows it may be due for a bid higher. Shares in the cosmetics seller have the lowest average relative strength index, or RSI, in the S & P 500 in the past 14 days, meaning it is the most oversold in that time period. An RSI reading below 30 can indicate a stock has fallen too far and is at a price that may prove a good buying opportunity. Conversely, an RSI over 70 means it may be overbought and due for a retreat.

The hospital provider reported stronger-than-expected earnings and raised its full-year guidance late last month. HCA also had patient data stolen by hackers and put up for sale earlier in the month. Here's the full list of oversold stocks: On the other side of the spectrum, Marathon Petroleum was the most overbought stock over the past 14 days of almost 95.

 

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