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Micron is one of the most overbought stocks after this week’s rally to new highs

May 30, 2026
Source: cnbc.com cnbc.com
News Snapshot:
Micron Technology emerged as one of the most overbought stocks this week as the stock market rallied to new record highs. Stocks ended the week higher, boosted by gains in the technology sector and optimism over a ceasefire extension in the Middle East, and all three major market averages scored new intraday and closing records on Friday. Investors showed special love for several individual stocks this week, pushing them far into overbought territory. CNBC Pro used its stock screener tool to identify such stocks, based on their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70...
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