Disney (DIS) Loses 7.1% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Group 1 - Walt Disney (DIS) has experienced a significant decline of 7.1% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for DIS is currently at 27.62, suggesting that the heavy selling pressure may be exhausting itself [5] - There is strong consensus among Wall Street analysts that DIS will report better earnings than previously predicted, with a 0.9% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - DIS 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]