Core Viewpoint - Postal Realty Trust (PSTL) has faced significant selling pressure, resulting in a 7.1% decline over the past four weeks, but analysts anticipate better earnings than previously expected, indicating potential for recovery [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) for PSTL is currently at 29.57, suggesting that the stock is oversold and may be nearing a reversal point due to exhausted selling pressure [5]. - RSI is a momentum oscillator that ranges from 0 to 100, with readings below 30 typically indicating an oversold condition [2][3]. Group 2: Fundamental Indicators - There has been a consensus among sell-side analysts to raise earnings estimates for PSTL, resulting in a 1.5% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - PSTL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [8].
Down 7% in 4 Weeks, Here's Why Postal Realty Trust (PSTL) Looks Ripe for a Turnaround