Down -6.43% in 4 Weeks, Here's Why You Should You Buy the Dip in International Seaways (INSW)

Group 1 - The stock of International Seaways (INSW) has experienced a significant decline of 6.4% over the past four weeks, indicating strong selling pressure, but it is now positioned for a potential trend reversal as it enters oversold territory [2] - Analysts have raised earnings estimates for INSW by 2.2% over the last 30 days, suggesting a consensus that the company will report better earnings than previously predicted [1][2] - The Relative Strength Index (RSI) for INSW is currently at 29.68, indicating that the stock is oversold and may be nearing a point of price reversal [3][5] Group 2 - INSW holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which is a strong indicator of its potential turnaround [1] - The heavy selling pressure on INSW shares appears to be exhausting, suggesting that investors may soon look for entry opportunities to benefit from a rebound [3][5]