Walmart and Starbucks are currently among the stocks that are highly overvalued and likely to experience a decline soon.

After a global sell-off at the beginning of August, Wall Street has rebounded strongly this week, with all three major stock indexes set to end the week on a high note. Positive economic data has fueled this recovery, with the Nasdaq Composite leading the charge, poised to close the week up by 5%. The S&P 500 is on track for a more than 3% increase, marking its best week of the year, while the Dow Jones Industrial Average is expected to finish 2% higher.

CNBC Pro has identified several S&P 500 stocks that might be overbought, as indicated by a high 14-day relative strength index (RSI). An RSI above 70 often suggests that a stock could be due for a short-term decline. Among these stocks is Starbucks, which has an RSI of approximately 72.6. The coffee giant’s shares have surged over 25% this week following the announcement that Chipotle CEO Brian Niccol will replace Laxman Narasimhan as CEO. This news led to Starbucks’ best trading day ever on Tuesday, while Chipotle’s stock dropped by more than 10%, ending the week down about 5%.

The market has responded positively to Starbucks’ leadership change, with analysts like JPMorgan and TD Cowen praising Niccol’s appointment. TD Cowen’s Andrew Charles described Niccol as a “hall of fame restaurant CEO,” signaling a new era for Starbucks.

Walmart also made the list with an RSI of around 70.7. The retailer’s shares rose about 8% this week after surpassing second-quarter earnings and revenue expectations and raising its full-year forecast. Out of 40 analysts covering Walmart, 37 have given it a strong buy or buy rating, with the remaining three rating it as a hold.

Kellanova has the highest RSI on the list at 88.8, with its stock climbing over 7% this week. This surge came after Mars, the owner of M&M’s, announced a $35.9 billion cash acquisition of the company. Fortinet, a cybersecurity firm, also made the list with an RSI of 77.7, reaching a new 52-week high on Friday. Nike, another retailer, is included as well, with an RSI of around 73.