The major stock indexes declined on Friday as investors digested the latest producer price index data that came in a lot hotter than expected. Sweeping layoffs at tech company Block also weighed on investors, adding to existing concerns that artificial intelligence could soon disrupt a variety of industries, from software to health care, among others. The market downturn put some stocks, especially those belonging to the private equity industry, into oversold territory, priming them for a rebound in the near term on a technical basis. A stock is considered oversold when its relative strength index is at or below 30. On the other hand, some stocks closed out the week in overbought territory. Overbought stocks are those that have RSIs that are greater than or equal to 70. Using LSEG data, CNBC Pro looked for overbought names with RSIs of 70 or more that were up at least 5% over the last week. We also identified oversold names with RSIs at or below 30 that shed at least 5% during the last five days. Here’s a look at the most oversold and overbought S & P 500 stocks in the thick of earnings season. Oversold stocks Private equity firms such as Apollo Global Management led the list of oversold stocks as investors worry about exposure in the private credit industry. Apollo had the lowest RSI of the names in our list at 24. Its shares shed more than 11% over the week, even though most analysts still rate the stock a buy. Apollo and other private equity firms are facing a variety of setbacks as of late, including declining returns, longer holding periods and investment exit concerns against a challenging backdrop for fundraising. Other names in oversold territory are Blackstone , Ares Management , and KKR & Co. Apollo’s decline on Friday was tied to concerns about potential exposure to a UK mortgage provider Market Financial Solutions that collapsed. Overbought stocks Dell Technologies is one of several names on our list of overbought stocks. The stock, which has an RSI of 70.1, has gained 20% over the past five days amid blowout earnings from higher server demand. Confidence in the stock is largely due to Dell’s “ability to navigate the cyclical challenges … stemming largely from its agility in adapting to the macro changes with frequent changes in pricing, which many other companies have failed to deliver on,” JPMorgan analysts said Friday in a note to clients. They added that Dell’s recent success “also stems from its leadership position in AI compute for Tier 2 Cloud and Enterprises where the significant revenue inflection is able to provide the company a lot more flexibility in managing operating margin and earnings outcomes.” Other names on the overbought list include Corning , Hershey and Keysight Technologies .