Relative Strength Index (RSI)
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nCino (NCNO) Loses 13.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2026-02-02 15:36
Core Viewpoint - nCino (NCNO) has experienced a significant downtrend, with a 13.4% 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 Analysis - The Relative Strength Index (RSI) is a key technical indicator used to determine if a stock is oversold, with readings below 30 indicating oversold conditions [2]. - The current RSI for NCNO is 28.21, suggesting that the heavy selling pressure may be exhausting, indicating a possible price rebound [5]. - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify potential reversal points, making it a useful tool for investors seeking entry opportunities [3]. Group 2: Fundamental Analysis - Analysts covering NCNO have shown strong consensus in raising earnings estimates, with a 0.7% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - NCNO 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, indicating strong potential for a near-term turnaround [8].
Down 17.6% in 4 Weeks, Here's Why You Should You Buy the Dip in AppFolio (APPF)
ZACKS· 2026-02-02 15:36
Core Viewpoint - AppFolio (APPF) is experiencing significant selling pressure, with a 17.6% 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 earnings than previously predicted [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with readings below 30 indicating a stock may be oversold [2]. - AppFolio's current RSI reading is 24.6, suggesting that the heavy selling pressure is exhausting, and a trend reversal may be imminent [5]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that earnings estimates for AppFolio will increase, with a 0.8% rise in the consensus EPS estimate over the last 30 days, indicating potential price appreciation [7]. - AppFolio 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].
Down 12.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Roku (ROKU)
ZACKS· 2026-02-02 15:36
A downtrend has been apparent in Roku (ROKU) lately with too much selling pressure. The stock has declined 12.4% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is ...
Top 3 Health Care Stocks That May Implode In Q1
Benzinga· 2026-02-02 10:29
Core Insights - Three stocks in the health care sector are signaling potential warnings for momentum-focused investors as of February 2, 2026 [1] Group 1: Momentum Indicators - The Relative Strength Index (RSI) is a key momentum indicator that compares a stock's performance on days with price increases to days with price decreases, helping traders gauge short-term performance [2] - A stock is generally considered overbought when its RSI exceeds 70, indicating potential caution for investors [2] Group 2: Specific Stocks - Brookdale Senior Living Inc (NYSE:BKD) and Mirum Pharmaceuticals Inc (NASDAQ:MIRM) are highlighted as major overbought stocks in the health care sector [3] - Amicus Therapeutics has seen a significant stock price increase of approximately 139% over the past six months, with a recent RSI value of 80.4, indicating it is overbought [3] - The stock of Amicus Therapeutics closed at $14.29, slightly up by 0.1% on the last trading day, with a 52-week high of $14.38 [3]
Top 3 Health Care Stocks That May Implode In Q1 - Brookdale Senior Living (NYSE:BKD), Amicus Therapeutics (NASDAQ:FOLD)
Benzinga· 2026-02-02 10:29
Core Insights - Three stocks in the health care sector are signaling potential warnings for momentum-focused investors as of February 2, 2026 [1] Group 1: Momentum Indicators - The Relative Strength Index (RSI) is a key momentum indicator that compares a stock's performance on days with price increases to days with price decreases, helping traders gauge short-term performance [2] - A stock is generally considered overbought when its RSI exceeds 70, indicating potential caution for investors [2] Group 2: Specific Stocks - Brookdale Senior Living Inc (NYSE:BKD) and Mirum Pharmaceuticals Inc (NASDAQ:MIRM) are highlighted as major overbought stocks in the health care sector [3] - Amicus Therapeutics has seen a significant stock increase of approximately 139% over the past six months, with a 52-week high of $14.38 and an RSI value of 80.4, indicating it is overbought [3] - On the last trading day, Amicus Therapeutics' shares closed at $14.29, reflecting a slight gain of 0.1% [3]
What to Expect From XRP Price in February 2026
Yahoo Finance· 2026-01-30 17:20
Core Insights - XRP is experiencing downward pressure, with a nearly 7% decline in the past 24 hours and about 5% over the past month, indicating market weakness [1] - Historically, February has been challenging for XRP, with a median return of -8.12% and an average decline of -5% [1] - Technical indicators suggest a bearish trend, with XRP trading within a long-term descending channel, which has historically capped rallies and pushed prices lower [3] Technical Analysis - The current price action shows XRP forming a lower high while the Relative Strength Index (RSI) indicates a higher high, signaling hidden bearish divergence, which often precedes a price correction [5][6] - A new setup is emerging where XRP is printing a lower low while the RSI attempts to form a higher low, indicating potential bullish divergence that could signal trend exhaustion [6] - For a bullish confirmation, XRP needs to close above $1.71 and the RSI must remain above 32.83 to weaken downside momentum [7] Market Sentiment - Despite the price decline, there are mixed signals in capital flow data, suggesting that selective accumulation and early momentum indicators may hint at a possible recovery [2][8] - Seasonal patterns are still relevant but are not the sole drivers of price movement, with ETF flows being highlighted as more reliable indicators [4]
Descartes Systems (DSGX) Loses 13.8% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2026-01-30 15:36
Core Viewpoint - Descartes Systems (DSGX) has faced significant selling pressure, resulting in a 13.8% decline in stock price over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if a stock is oversold, with a reading below 30 indicating oversold conditions [2] - DSGX has an RSI reading of 24.09, suggesting that the heavy selling may be nearing exhaustion, potentially leading to a price rebound [5] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for DSGX by 22.2% over the last 30 days, indicating a positive trend that typically correlates with price appreciation [7] - DSGX 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]
nCino (NCNO) Loses 16.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2026-01-30 15:36
Core Viewpoint - nCino (NCNO) has experienced significant selling pressure, resulting in a 16.6% decline over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to determine if a stock is oversold, with readings below 30 indicating oversold conditions [2] - The current RSI for NCNO is 28.38, suggesting that the heavy selling may be nearing exhaustion, indicating a potential rebound [5] Group 2: Fundamental Indicators - Analysts have raised earnings estimates for NCNO by 0.7% over the last 30 days, which typically correlates with price appreciation [7] - NCNO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, indicating strong potential for a turnaround [8]
Down 11.9% in 4 Weeks, Here's Why Calix (CALX) Looks Ripe for a Turnaround
ZACKS· 2026-01-30 15:36
Core Viewpoint - Calix (CALX) has experienced significant selling pressure, resulting in an 11.9% decline over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if CALX is oversold, with a reading of 29.34 indicating potential exhaustion of selling pressure [2][5] - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify potential price reversals, suggesting that CALX may present entry opportunities for investors [3] Group 2: Fundamental Indicators - Analysts have raised earnings estimates for CALX by 10.1% over the last 30 days, indicating a positive trend that typically leads to price appreciation [7] - CALX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, further supporting the potential for a near-term turnaround [8]
Group 1 Automotive (GPI) Loses 7.7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2026-01-30 15:36
Group 1 - Group 1 Automotive (GPI) has experienced a downtrend with a 7.7% decline in stock price over the past four weeks, but it is now in oversold territory, indicating a potential for a turnaround [1] - The Relative Strength Index (RSI) for GPI is currently at 27.3, suggesting that the heavy selling pressure may be exhausting itself and a price reversal could occur soon [5] - Analysts have raised earnings estimates for GPI by 0.6% over the last 30 days, indicating a consensus that the company may report better earnings than previously predicted, which typically leads to price appreciation [7] Group 2 - GPI 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]