This week’s market sell-off breaks a winning streak for the S & P 500 — but it also presents opportunities for investors to gain exposure before a potential rebound. All three major averages are on pace for losses on the week, even as Friday’s reading of the Federal Reserve’s preferred inflation gauge was in line with expectations. The S & P 500 and the Nasdaq Composite are both on pace to snap five-week winning streaks, while the Dow Jones Industrial Average is tracking for back-to-back weekly losses. Dow member Salesforce dropped about 19% during the week, which made it the most oversold stock in the market. Investors sold off the stock after the company reported a revenue miss and weak guidance on Wednesday. With this in mind, CNBC Pro screened for the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI below 30 are considered oversold, suggesting shares may be due for a comeback. On the other hand, a 14-day RSI higher than 70 indicates a stock is overbought and may soon pull back. The weekly data below is current as of 9:38 a.m. ET Friday. Salesforce has a 14-day RSI of 16.4. Year to date, the stock is down 13%. Shares fell roughly 20% alone on Thursday. Although Salesforce’s quarterly results disappointed investors, many Wall Street analysts remain optimistic about the stock and its artificial intelligence-related prospects, maintaining a consensus buy rating. Goldman Sachs said the company is “an under-appreciated Gen-AI winner,” with Morgan Stanley also underscoring the future benefits from AI. Shares are forecasted to surge more than 37% from here, according to analysts surveyed by LSEG. Biopharmaceutical company Bristol-Myers Squibb was the second-most oversold stock of the week. Shares have fallen more than 2% week to date, and they are off about 20% in 2024. Analysts have a consensus rating of hold on the stock. The company is undergoing a $1.5 billion cost-cutting initiative by 2025, which it plans to execute through layoffs, role consolidation, discontinuation of some drug programs and other cost-saving measures. According to the average price target on Bristol-Meyers Squibb, shares could rally more than 29%. Here are some of the most overbought stocks of the week: Tech company HP has surged 17.1% this week, making it the most overbought stock with an RSI reading close to 90. The company reported an earnings and revenue beat in its fiscal second quarter on Wednesday. Although half of the analysts covering HP rate the stock as either a strong buy or buy, it may not be able to sustain its rise. The consensus analyst price target implies shares will fall more than 5% from current levels. Shares fell more than 6% Friday, but they are up about 20% year to date. HPQ YTD mountain HP stock in 2024 Ralph Lauren is another overbought name which rose almost 7% for the week. The company has an RSI reading of 76.9, and analysts see more than 3% upside from here. The apparel company’s fiscal fourth-quarter earnings topped analysts’ estimates. The company also announced a 10% increase in its dividend. Shares are nearly 14% higher in May, and they are up close to 30% in 2024.