After Plunging 34.6% in 4 Weeks, Here's Why the Trend Might Reverse for LivePerson (LPSN)

Core Viewpoint - LivePerson (LPSN) has experienced a significant downtrend, with a 34.6% decline 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: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 indicating a stock may be oversold [2]. - LPSN's current RSI reading is 26.91, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound [5]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding LPSN's earnings estimates, with a 7% increase in the consensus EPS estimate over the last 30 days, suggesting potential price appreciation [7]. - LPSN 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 favorable outlook for a near-term turnaround [8].