Qell Acquisition (LILM) Loses -82.03% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Group 1 - Lilium N.V. (LILM) has experienced significant selling pressure, resulting in an 82% loss over the past four weeks, but analysts expect better earnings than previously predicted [1] - The stock is currently in oversold territory, indicated by a Relative Strength Index (RSI) reading of 17.96, suggesting a potential for a price rebound [3] - There has been a 4.1% increase in the consensus EPS estimate for LILM over the last 30 days due to a strong agreement among sell-side analysts, which typically correlates with price appreciation [3] Group 2 - LILM 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 [3]