Micron and Qualcomm are among the most overbought stocks this week. Here are the others

A massive rally in memory chip stocks drove them to huge gains this week, but that's also left some of the highest fliers due for a possible decline soon. The artificial intelligence trade fueled this week's hefty gains. The S & P 500 rallied more than 2%, while the tech-heavy Nasdaq Composite closed higher by 4%. The Dow Jones Industrial Average , filled with more old economy companies, eked out a small gain on the week. But it was semiconductor memory chip and data storage stocks that roared highest, with the Roundhill Memory ETF (DRAM) ahead nearly 30% on the week. The rally came as first-quarter earnings reports revealed a bottleneck in memory chips amid surging demand. The week's rally left several stocks overbought, determined when a stock's relative strength index tops 70. Conversely, stocks with an RSI below 30 are considered oversold, and possibly ready to bounce. Here's a look at the most oversold and overbought S & P 500 stocks. Memory stocks dominated the list of overbought stocks, with Qualcomm and Micron Technology among the names that surfaced. Qualcomm surged more than 23% this week, while Micron soared nearly 37% over the period, its best weekly performance since 2008 . Qualcomm has an RSI of 86, with a consensus rating of hold among analysts. It's expected to fall 22% to reach analysts' consensus price target. Micron has an RSI of 82, though the memory stock is rated buy by most analysts. …