Here are the most overbought and oversold S&P 500 stocks, including several tech names

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The 'relative strength index' measures the magnitude and speed of price moves. Here are the names it says are oversold and which ones are overbought.

Stocks moved higher this week as companies continued to report earnings, which can sometimes lead to volatile action. The S & P 500 , for example, rose about 0.9% this week and finished the month 1.5% higher — its second positive month in a row. Yet, while all three major indexes gained this week, some stocks are still considered to be oversold.

Pro screened for S & P 500 stocks in both the overbought and oversold territory, based on their RSI. Too oversold Here is a list of the 10-most oversold names, which includes an oil refiner. Valero Energy has the lowest 14-day RSI on the list, at 16.67. Nearly 64% of the analysts covering the stock, rate it a buy. The U.S. refiner reported a first-quarter earnings beat on Thursday, despite the pullback in oil prices during the period. Its adjusted earnings per share came in at $8.

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