After Plunging -25.42% in 4 Weeks, Here's Why the Trend Might Reverse for Arvinas (ARVN)

Core Viewpoint - Arvinas, Inc. (ARVN) is experiencing significant selling pressure, with a 25.4% decline over the past four weeks, but is now positioned for a potential trend reversal due to being in oversold territory and positive earnings expectations from Wall Street analysts [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is used to determine if a stock is oversold, with a reading below 30 typically indicating this condition [2]. - ARVN's current RSI reading is 20.28, suggesting that the heavy selling pressure may be exhausting itself and a trend reversal could occur soon [5]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that ARVN will report better earnings than previously predicted, leading to a 0.7% increase in the consensus EPS estimate over the last 30 days [7]. - ARVN 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 potential turnaround [8].