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After Plunging 10.3% in 4 Weeks, Here's Why the Trend Might Reverse for Nomad Foods (NOMD)
ZACKS· 2026-02-27 15:35
Core Viewpoint - Nomad Foods (NOMD) is experiencing significant selling pressure, with a 10.3% decline over the past four weeks, but is positioned for a potential trend reversal as it enters oversold territory, supported by positive earnings forecasts from Wall Street 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 typically indicating that a stock is oversold [2]. - NOMD's current RSI reading is 28.45, suggesting that the heavy selling pressure may be exhausting itself, indicating a potential trend reversal [5]. Group 2: Fundamental Analysis - Analysts have shown strong agreement in raising earnings estimates for NOMD, with a 1.5% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - NOMD 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, further indicating a potential turnaround [8].
Down 26.2% in 4 Weeks, Here's Why Paylocity (PCTY) Looks Ripe for a Turnaround
ZACKS· 2026-02-26 15:35
Core Viewpoint - Paylocity (PCTY) has experienced a significant downtrend, with a 26.2% 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 typically indicating that a stock is oversold [2]. - PCTY's current RSI reading is 26.9, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound [5]. Group 2: Fundamental Analysis - Analysts covering PCTY have shown strong consensus in raising earnings estimates, with a 2.4% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - PCTY 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, further supporting the potential for a near-term turnaround [8].
Gossamer Bio (GOSS) Loses 85% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2026-02-26 15:35
Core Viewpoint - Gossamer Bio (GOSS) has experienced a significant decline of 85.1% over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround as analysts expect better earnings than previously predicted [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]. - GOSS has an RSI reading of 13.04, indicating that the heavy selling pressure may be exhausting itself, which could lead to a reversal in the stock's trend [5]. Group 2: Fundamental Indicators - Analysts covering GOSS have raised earnings estimates for the current year, resulting in an 8.6% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - GOSS 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, further supporting the potential for a near-term turnaround [8].
Weave Communications (WEAV) Loses 26% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2026-02-26 15:35
Core Viewpoint - Weave Communications, Inc. (WEAV) is experiencing significant selling pressure, having declined 26.1% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory with strong analyst support for better-than-expected earnings [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] - WEAV's current RSI reading is 27.34, suggesting that the heavy selling may be exhausting itself, indicating a potential bounce back towards equilibrium [5] Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that WEAV's earnings estimates for the current year have increased by 29.8% over the last 30 days, which usually correlates with price appreciation [7] - WEAV 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, further supporting the stock's potential for a turnaround [8]
Top 2 Consumer Stocks You May Want To Dump This Quarter - AptarGroup (NYSE:ATR), Rocky Brands (NASDAQ:RCKY)
Benzinga· 2026-02-26 13:56
As of Feb. 26, 2026, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, acc ...
Okta (OKTA) Loses 22.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2026-02-25 15:36
Okta (OKTA) has been on a downward spiral lately with significant selling pressure. After declining 22.2% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...
After Plunging 33.1% in 4 Weeks, Here's Why the Trend Might Reverse for EverQuote (EVER)
ZACKS· 2026-02-25 15:36
EverQuote (EVER) has been on a downward spiral lately with significant selling pressure. After declining 33.1% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscill ...
Here's Why KindlyMD, Inc. (NAKA) is Poised for a Turnaround After Losing 41.5% in 4 Weeks
ZACKS· 2026-02-25 15:36
KindlyMD, Inc. (NAKA) has been beaten down lately with too much selling pressure. While the stock has lost 41.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of ...
Down 46.9% in 4 Weeks, Here's Why Getty Images Holdings, Inc. (GETY) Looks Ripe for a Turnaround
ZACKS· 2026-02-25 15:36
Getty Images Holdings, Inc. (GETY) has been beaten down lately with too much selling pressure. While the stock has lost 46.9% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed a ...
Top 2 Utilities Stocks That May Collapse This Month - AptarGroup (NYSE:ATR), NextEra Energy (NYSE:NEE)
Benzinga· 2026-02-25 13:56
As of Feb. 25, 2026, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Ben ...