Skyward (SKWD) Loses 10.8% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Group 1 - Skyward Specialty Insurance (SKWD) has experienced significant selling pressure, resulting in a 10.8% decline in stock price over the past four weeks, but it is now considered oversold with potential for better earnings than previously predicted by analysts [1] - The Relative Strength Index (RSI) for SKWD is currently at 25.55, indicating that the stock is oversold and may soon experience a reversal in trend [5] - Analysts have raised earnings estimates for SKWD, with a 0.2% increase in the consensus EPS estimate over the last 30 days, suggesting a potential for price appreciation [7] Group 2 - SKWD 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 [8]