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HBAR Price Eyes 50% Gains amid Strong Trend Reversal Ahead
Yahoo Finance· 2025-11-24 11:01
HBAR , the native cryptocurrency of Hedera blockchain, has seen a sharp upside, gaining 10% in the last 24 hours. Market experts call this the beginning of a strong trend reversal for HBAR price and potential upside to $0.19. At the same time, the Hedera altcoin is seeing strong institutional adoption, with crypto exchange Coinbase to support HBAR derivatives. HBAR Price Eyes Move to $0.19 in Market Recovery Crypto market monitoring platform CryptoPulse has flagged potential early signs of a trend revers ...
After Plunging 13.3% in 4 Weeks, Here's Why the Trend Might Reverse for WisdomTree, Inc. (WT)
ZACKS· 2025-11-19 15:36
Core Viewpoint - WisdomTree, Inc. (WT) is experiencing significant selling pressure, with a 13.3% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst expectations of better-than-previously predicted earnings [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] - WT's current RSI reading is 29.57, suggesting that heavy selling may be exhausting itself, indicating a potential bounce back towards equilibrium in supply and demand [5] Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts that earnings estimates for WT have increased by 4.3% over the last 30 days, which often correlates with price appreciation in the near term [7] - WT 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]
What Crypto Whales Are Buying Before the October 2025 US CPI Print
Yahoo Finance· 2025-11-12 19:00
crypto whale, ethereum trading, ethereum whale, bitcoin whale, solana whale, crypto market. Photo by BeInCrypto The delayed US CPI report — previously postponed due to the historic government shutdown — is scheduled for release on November 13, with high market expectations. October’s inflation is projected to stay close to September’s 2.6% headline and 3.3% core year-over-year readings. A cooler print could revive rate-cut hopes, while a hotter one might delay them again. Ahead of the release, crypto whale ...
Here's Why Palisade Bio (PALI) Could be Great Choice for a Bottom Fisher
ZACKS· 2025-11-10 15:56
A downtrend has been apparent in Palisade Bio, Inc. (PALI) lately. While the stock has lost 18.8% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future ...
Here's Why atai Life Sciences (ATAI) Is a Great 'Buy the Bottom' Stock Now
ZACKS· 2025-08-18 14:56
Group 1: Stock Performance and Technical Analysis - Shares of atai Life Sciences N.V. (ATAI) have lost 6.1% over the past week, but a hammer chart pattern formed in the last trading session suggests potential support and a possible trend reversal [1] - The hammer pattern indicates a nearing bottom with potential exhaustion of selling pressure, which is a technical signal that could enhance the prospects of a trend reversal for the stock [2][5] - The hammer pattern occurs during a downtrend, where the stock opens lower, makes a new low, but then finds support and closes near or above the opening price, indicating that bears may have lost control [4][5] Group 2: Earnings Estimates and Analyst Sentiment - There has been an upward trend in earnings estimate revisions for ATAI, which is considered a bullish indicator and is strongly correlated with near-term stock price movements [7] - The consensus EPS estimate for the current year has increased by 6% over the last 30 days, indicating that Wall Street analysts are optimistic about the company's potential to report better earnings than previously predicted [8] - ATAI currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9][10]
Down 9.6% in 4 Weeks, Here's Why Fidelity National (FIS) Looks Ripe for a Turnaround
ZACKS· 2025-08-06 14:36
Group 1 - Fidelity National Information Services (FIS) has experienced a significant decline of 9.6% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for FIS is currently at 26.2, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [5] - There is strong consensus among Wall Street analysts that FIS will report better earnings than previously predicted, with a 0.3% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - FIS 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]
Dillard's (DDS) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
ZACKS· 2025-08-04 14:56
Core Viewpoint - Dillard's (DDS) has shown a downtrend recently, losing 6.1% over the past week, but a hammer chart pattern suggests a potential trend reversal due to increased buying interest [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, suggesting that selling pressure may be exhausting, which could lead to a trend reversal [2][5]. - The hammer pattern forms when there is a small candle body with a long lower wick, indicating that despite a new low, buying interest emerges to push the stock price up towards the opening price [4][5]. - This pattern is significant when it occurs at the bottom of a downtrend, signaling that bears may be losing control [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for DDS, which is a bullish indicator suggesting potential price appreciation [7]. - The consensus EPS estimate for DDS has increased by 2.1% over the last 30 days, indicating that analysts expect better earnings than previously predicted [8]. - DDS holds a Zacks Rank of 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, which typically outperform the market [9][10].
Pan American Silver (PAAS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2025-07-30 14:55
Core Viewpoint - Pan American Silver (PAAS) has experienced a decline of 5.9% over the past week, but the formation of a hammer chart pattern suggests potential support and a possible trend reversal in the future [1][2]. Technical Analysis - The hammer chart pattern indicates a minor difference between opening and closing prices, with a long lower wick, suggesting that the stock may have found support after a downtrend [4][5]. - This pattern signals that bears might be losing control, and the emergence of buying interest could lead to a trend reversal [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for PAAS, which is a bullish indicator suggesting potential price appreciation [7]. - The consensus EPS estimate for the current year has increased by 15.5% over the last 30 days, indicating that analysts expect better earnings than previously predicted [8]. - PAAS holds a Zacks Rank of 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, which typically outperform the market [9][10].
Adobe (ADBE) Loses 7.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-07-14 14:36
Core Viewpoint - Adobe Systems (ADBE) is experiencing significant selling pressure, with a 7.2% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst expectations of better-than-previously predicted earnings [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] - ADBE's current RSI reading is 28.07, suggesting that the heavy selling may be exhausting itself and a trend reversal could be imminent [5] Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts that earnings estimates for ADBE have increased by 2% over the last 30 days, indicating a potential for price appreciation [6] - ADBE 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 likelihood of a near-term turnaround [7]
Bears are Losing Control Over Royal Gold (RGLD), Here's Why It's a 'Buy' Now
ZACKS· 2025-07-10 14:57
Core Viewpoint - Royal Gold (RGLD) shares have recently declined by 10.6% over the past week, but the formation of a hammer chart pattern suggests potential support and a possible trend reversal in the future [1][2]. Technical Analysis - A hammer chart pattern indicates a potential bottom and exhaustion of selling pressure, which may lead to a trend reversal [2][5]. - The hammer pattern is characterized by a small candle body with a long lower wick, suggesting that buying interest has emerged after a downtrend [4][5]. - The effectiveness of the hammer pattern is enhanced when used alongside other bullish indicators [6]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for RGLD, which is a bullish indicator suggesting potential price appreciation [7]. - The consensus EPS estimate for the current year has increased by 4.4% over the last 30 days, indicating analysts' agreement on improved earnings potential [8]. - RGLD holds a Zacks Rank of 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, which typically outperform the market [9][10].