Down -36.61% in 4 Weeks, Here's Why You Should You Buy the Dip in Stem (STEM)

Core Viewpoint - Stem, Inc. (STEM) has experienced significant selling pressure, resulting in a 36.6% decline over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Analysis - The Relative Strength Index (RSI) is a key technical indicator used to determine if a stock is oversold, with readings below 30 indicating oversold conditions [2] - STEM's current RSI reading is 22.31, suggesting that the heavy selling may be exhausting, indicating a potential price rebound [5] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for STEM by 4.1% over the last 30 days, which typically correlates with price appreciation [6] - STEM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, indicating a strong potential for a turnaround [7]