Group 1 - Flushing Financial (FFIC) has experienced a significant decline of 18.9% over the past four weeks, but it is now in oversold territory, indicating a potential for trend reversal [1] - The Relative Strength Index (RSI) for FFIC is currently at 28.68, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [4] - There is a strong consensus among Wall Street analysts that FFIC will report better earnings than previously predicted, with a 0.4% increase in the consensus EPS estimate over the last 30 days [5] Group 2 - FFIC 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 [5]
Down -18.86% in 4 Weeks, Here's Why Flushing Financial (FFIC) Looks Ripe for a Turnaround