Haemonetics (HAE) Loses -5.16% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Haemonetics(HAE) ZACKS·2024-06-27 14:35
How to Determine if a Stock is Oversold This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering HAE in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 0.4% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term. Moreover, HAE currently has ...