Investors have retreated from Dow member UnitedHealth Group and footwear company Deckers Outdoor amid a slumping trading week for stocks. The 30-stock Dow Jones Industrial Average and the Nasdaq Composite both tumbled 2.5% this week while the S & P 500 fell 1.7%. The sell-off that began Thursday intensified on Friday as concern over an economic slowdown mounted, inflation fears ticked up and tariff worries weighed on investors. Against this backdrop, CNBC Pro screened the S & P 500 for the most overbought and oversold stocks over the past week by weighing their 14-day relative strength index, or RSI. An RSI reading below 30 often suggests a stock is oversold and may soon snap back. Conversely, a 14-day RSI above 70 implies a stock is overbought and may soon turn lower. UnitedHealth is one of this week’s most oversold stocks, with an RSI reading of just 27.8. Shares sold off more than 6% on Friday, on track for its worst day since March 2020, after The Wall Street Journal reported that the health insurer is under investigation by the U.S. Department of Justice. UNH has also been pursuing employee buyouts , indicating layoffs may be on the horizon. Year to date, shares have declined 7.3%. Analysts’ consensus price target implies that the shares will gain nearly 40% over the next year from their current level. Deckers Outdoor, the company behind Uggs sheepskin boots, is also oversold. The stock has an RSI of just 25.5. Investors have turned away from Deckers after its latest quarterly earnings in January. The company’s revenue guidance of $4.9 billion came in just shy of analysts’ estimates, according to LSEG. Shares dipped 2.3% on Friday and are now down 28% in 2025. Consumer giants Starbucks and Coca-Cola may be due for a pullback soon, according to their respective RSI levels of 71.2 and 78.4. Coca-Cola posted better-than-expected quarterly revenue and earnings on Feb. 11, sending the stock higher. The company’s revenue grew 14% in the fourth quarter, largely fueled by higher prices. Coke also saw higher demand — unlike PepsiCo. The stock added 2% on Friday, pushing it up 14% over the past month. The majority of analysts covering Coke rate it a buy, and their consensus price target implies 5.2% upside potential from current prices. Starbucks has been on a tear this year but appears at risk of a pullback. Year to date, shares have soared around 22.5%, far outperforming the S & P 500’s 2.2% rise. The coffee giant reported a top- and bottom-line beat for the fourth quarter on Jan. 28 as Starbucks began implementing CEO Brian Niccol’s turnaround strategy to reverse declining sales. Shares are trading 7.5% above their average price target, meaning the stock may soon return to Earth.
