Intel leads the list of most overbought stocks after this week's comeback rally
By Lisa Kailai Han
Published on April 11, 2026.
Intel led the most overbought stock list this week after entering new partnerships with Google and Elon Musk's Terafab project. The Nasdaq Composite and Dow Jones Industrial Average also saw significant rises due to hopes that the ceasefire between the U.S. and Iran could be maintained. CNBC Pro identified these stocks based on their 14-day relative strength index (RSI), which indicates a potential for a pullback. Intel's stock had surged nearly 25% on the week, with an RSI of 75. Meanwhile, Broadcom's shares also rose by 19% after agreeing to expanded chip deals with Google, Anthropic, and Broadcom. However, this week's most oversold stocks included ServiceNow, which was downgraded from buy due to AI disruption threats.
Read Original Article