Down -10.53% in 4 Weeks, Here's Why Seer (SEER) Looks Ripe for a Turnaround

Core Viewpoint - Seer, Inc. (SEER) has experienced a significant downtrend, with a 10.5% decline in stock price over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Stock Performance and Technical Indicators - The stock is currently oversold, indicated by an RSI reading of 26.76, which is below the typical threshold of 30 [5]. - The heavy selling pressure on SEER shares appears to be exhausting, indicating a possible reversal in the stock's trend [5]. Group 2: Earnings Estimates and Analyst Consensus - Over the last 30 days, the consensus EPS estimate for SEER has increased by 10.8%, reflecting strong agreement among analysts regarding improved earnings [6]. - SEER 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 near-term turnaround [7].