After Plunging -48.43% in 4 Weeks, Here's Why the Trend Might Reverse for Torrid Holdings (CURV)

Group 1 - Torrid Holdings (CURV) has experienced significant selling pressure, resulting in a 48.4% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The stock is currently in oversold territory, indicated by a Relative Strength Index (RSI) reading of 29.17, suggesting a potential trend reversal [3] - A consensus among sell-side analysts has led to a 4.2% increase in earnings estimates for CURV over the last 30 days, which typically correlates with price appreciation [4] Group 2 - CURV 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, indicating a strong potential for a turnaround [4]