Cybin Inc. (CYBN) Loses -25.81% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Group 1 - Cybin Inc. (CYBN) has experienced significant selling pressure, resulting in a 25.8% decline over the past four weeks, but it is now considered oversold, indicating potential for recovery [1] - The Relative Strength Index (RSI) for CYBN is currently at 20.7, suggesting that the heavy selling may be exhausting, which could lead to a price rebound [5] - Analysts have raised earnings estimates for CYBN by 1.6% over the last 30 days, indicating a positive trend that typically correlates with price appreciation [6] Group 2 - CYBN 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, further supporting the potential for a turnaround [7]