Cisco is the most overbought stock in the S&P 500. Here are the others.

As earnings season continues, investors have opportunities to profit off the big bounces — or avoid the pullbacks — in stocks in the wake of these quarterly reports. It's been a volatile week. The S & P 500 rallied to a record intraday high of 7,501.24 on Thursday as the first-quarter earnings season continued to prove strong. However, the broad-market index gave up some of those gains in Friday's session, with tech stocks falling sharply, as investors were left underwhelmed by the outcome of the U.S.-China summit. Despite these moves, Cisco shares tallied a 22% one-week gain in the wake of blowout earnings , putting the stock into overbought territory. A stock qualifies as overbought when its relative strength index is greater than 70. The names in this category could be due for a pull back in the near term. Conversely, some names ended the week in oversold territory. Oversold stocks have RSIs below 30, potentially priming them for a near-term rebound. Here are some of the most overbought and oversold S & P 500 names from the past week. Overbought Cisco's stock has a RSI of 90, putting it at the top of this week's list. The software and artificial intelligence infrastructure firm posted better-than-expected fiscal third-quarter results on Wednesday and offered a bullish outlook for its fourth quarter. Investors were excited to see robust orders for its AI offerings, and the company received stock rating upgrades from HSBC and other shops on the Street. …