Down -17.14% in 4 Weeks, Here's Why N-able (NABL) Looks Ripe for a Turnaround

Group 1 - N-able (NABL) has experienced a significant decline of 17.1% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for NABL is currently at 21.21, suggesting that the heavy selling pressure may be exhausting itself [4] - There is strong consensus among Wall Street analysts that NABL will report better earnings than previously predicted, with a 5.7% increase in the consensus EPS estimate over the last 30 days [5] Group 2 - The upward trend in earnings estimate revisions typically leads to price appreciation in the near term, indicating a potential rebound for NABL [5] - NABL 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 [5]