Adlai Nortye Ltd. Sponsored ADR (ANL) Loses -33.06% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Core Viewpoint - Adlai Nortye Ltd. (ANL) has experienced significant selling pressure, resulting in a 33.1% decline over the past four weeks, but analysts anticipate improved earnings ahead, indicating potential for recovery [1]. Group 1: Stock Performance - ANL's stock has lost 33.1% in the last four weeks, indicating a substantial decline [1]. - The stock is currently in oversold territory, with an RSI reading of 28.1, suggesting that the heavy selling may be exhausting itself [3]. Group 2: Analyst Expectations - Analysts have raised earnings estimates for ANL by 32.6% over the past 30 days, indicating a positive shift in expectations [4]. - ANL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [4].