Masco Stock Forum

Caterpillar Downgraded to Neutral From Outperform at Baird
Baird analyst Mircea Dobre downgraded $Caterpillar(CAT.US)$ to Neutral from Outperform with a price target of $230, down from $290. The analyst believes the shares "are nearing a cyclical pivot point" following the strong recent outperformance.
Advance Auto Parts Downgraded to Neutral From Buy at Roth MKM
Roth MKM analyst David Bellinger downgraded $Advance Auto Parts(AAP.US)$ ...

Upgrades
• $Beacon Roofing Supply(BECN.US)$: JPMorgan Upgrades to Neutral from Underweight - PT $68
• $HF Sinclair(DINO.US)$ : Goldman Sachs Upgrades to Neutral from Sell - PT $43 (from $32)
• $Freshpet(FRPT.US)$ : Goldman Sachs Upgrades to Buy from Neutral - PT $136
• $HealthEquity(HQY.US)$ : BTIG Upgrades to Buy from Neutral - PT $85
• $Host Hotels & Resorts(HST.US)$ : Jefferies Upgrades to Buy from Hold - PT $25 (from $20)
• $Masco(MAS.US)$ : JPMorgan...

Hello mooers:
An overbought stock is believed to await a correction or pullback, while an oversold stock has the potential for a price bounce.
We selected a few stocks that contain potential investment opportunities with RSI indicator to find out what the most overbought and oversold companies in S&P 500 today are.
Overbought& Oversold definition
A stock would usually be considered overbought when the RSI > 70 and oversold when RSI < 30.
According to the theory created by J. Welles Wilder Jr, when the RSI < 30, it is a bullish sign (buy signal), and when RSI > 70, it is a bearish sign (sell signal).
Performance Tracking of Previous Column (10/25)
There are 7 out of 10 selected stocksthat followed the suggested movement provided by the RSI indicator.
$Brown & Brown(BRO.US)$ ， $Northrop Grumman(NOC.US)$ ， $SVB Financial(SIVB.US)$ $Align Technology(ALGN.US)$ are the outstanding stock picks of last week.
Overbought
$Tesla(TSLA.US)$
$Old Dominion Freight Line(ODFL.US)$
$Lowe's Companies(LOW.US)$
$Intercontinental Exchange(ICE.US)$
$Masco(MAS.US)$
We collect stocks from S&P 500 as it contains most of valuable companies.
Want to screen the market by yourself? Read:How to use a stock screener
Want to learn more about technical trading? Read: Technical Analysis 101:Introduction to technical indicators