Core Viewpoint - Tree.com (TREE) has experienced a significant decline of 16.9% over the past four weeks, but it is now positioned for a potential trend reversal as it enters oversold territory, with analysts predicting better earnings than previously expected [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 typically signaling this condition [2] - TREE's current RSI reading is 29.41, suggesting that the heavy selling pressure may be exhausting, indicating a possible bounce back towards equilibrium [5] Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts to raise earnings estimates for TREE, with the consensus EPS estimate increasing by 29.7% over the last 30 days, which often correlates with price appreciation [7] - TREE 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]
Tree.com (TREE) Loses 16.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner