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Down 7.7% in 4 Weeks, Here's Why Patria Investments (PAX) Looks Ripe for a Turnaround
ZACKS· 2026-01-30 15:36
Core Viewpoint - Patria Investments (PAX) has experienced significant selling pressure, resulting in a 7.7% 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 PAX is oversold, with a current reading of 26.11 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 PAX may present entry opportunities for investors [3] Group 2: Fundamental Indicators - Analysts have raised earnings estimates for PAX by 2.7% over the last 30 days, indicating a consensus expectation for improved performance [7] - PAX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, which signals a strong potential for a turnaround [8]
Down 15.6% in 4 Weeks, Here's Why EverQuote (EVER) Looks Ripe for a Turnaround
ZACKS· 2026-01-29 15:36
Core Viewpoint - EverQuote (EVER) is experiencing significant selling pressure, with a 15.6% 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-than-previously predicted 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]. - EVER's current RSI reading of 28.98 suggests that the heavy selling may be exhausting, indicating a potential bounce back towards equilibrium in supply and demand [5]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that earnings estimates for EVER will improve, leading to a 1.5% increase in the consensus EPS estimate over the last 30 days, which often correlates with near-term price appreciation [7]. - EVER 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 a strong potential for a turnaround [8].
Down 11.2% in 4 Weeks, Here's Why You Should You Buy the Dip in Lyft (LYFT)
ZACKS· 2026-01-29 15:36
Core Viewpoint - Lyft (LYFT) is experiencing significant selling pressure, with a recent decline of 11.2% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst consensus predicting better earnings than previously estimated [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]. - Lyft's current RSI reading is 29.66, suggesting that the heavy selling pressure may be exhausting itself, indicating a potential reversal in the stock's trend [5]. Group 2: Fundamental Analysis - Analysts covering Lyft have shown strong agreement in raising earnings estimates for the current year, with the consensus EPS estimate increasing by 2.2% over the last 30 days, which often correlates with price appreciation [7]. - Lyft 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].
After Plunging 8.4% in 4 Weeks, Here's Why the Trend Might Reverse for Hanmi Financial (HAFC)
ZACKS· 2026-01-29 15:36
Core Viewpoint - Hanmi Financial (HAFC) has experienced significant selling pressure, resulting in an 8.4% 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) is utilized to determine if HAFC is oversold, with a reading of 28.21 suggesting that heavy selling may be exhausting, indicating a possible price rebound [2][5]. - RSI is a momentum oscillator that measures the speed and change of price movements, typically indicating oversold conditions when the reading falls below 30 [2][3]. Group 2: Fundamental Indicators - Analysts have raised earnings estimates for HAFC by 1.1% over the last 30 days, reflecting a strong consensus among sell-side analysts, which often leads to price appreciation [7]. - HAFC 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 turnaround [8].
Down 6.7% in 4 Weeks, Here's Why You Should You Buy the Dip in RELX (RELX)
ZACKS· 2026-01-28 15:36
Core Viewpoint - RELX PLC has experienced significant selling pressure, resulting in a 6.7% 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 a stock is oversold, with a reading below 30 indicating oversold conditions [2] - RELX's current RSI reading is 28.31, suggesting that the heavy selling may be nearing exhaustion, indicating a potential rebound [5] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for RELX, with a 3.2% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7] - RELX 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]
AT&T Stock Charges Higher on Upbeat Results, Forecast
Schaeffers Investment Research· 2026-01-28 15:35
Telecommunications stock AT&T Inc (NYSE:T) is enjoying a lift today, last seen up 4.3% at $23.99, after better-than-expected fourth-quarter earnings of 52 cents per share on revenue of $33.47 billion. The company also shared strong guidance and unveiled a new $10 billion share buyback. The strong results are giving AT&T stock a much-needed lift after last session's 52-week low of $22.95. Should these gains hold, it will be T's largest single-day percentage gain since reporting earnings for the same quarter ...
GameStop Stock Is Now in Overbought Territory as Michael Burry Buys Shares. Is It Too Late to Chase GME Stock Here?
Yahoo Finance· 2026-01-27 21:15
Core Viewpoint - GameStop (GME) stock has seen a recent increase, attributed to investor Michael Burry's confirmation of purchasing shares, indicating potential long-term value despite current overbought conditions [1][3]. Group 1: Stock Performance and Technical Indicators - GME's relative strength index (RSI) has risen to nearly 73, suggesting overbought conditions that may lead to a selloff [1]. - The stock has increased over 20% since the beginning of the year [1]. - GameStop has surpassed its 200-day moving average, indicating an upward trend [4]. Group 2: Insider Activity and Management Strategy - Ryan Cohen's acquisition of 1 million shares strengthens the case for investing in GameStop [5]. - The CEO's performance-based pay plan could result in billions if GME's market cap reaches $100 billion in the next decade, suggesting confidence in the company's growth potential [6]. Group 3: Market Sentiment and Future Projections - The potential for another short squeeze could drive GME stock significantly higher, appealing to high-risk investors [7]. - Options data indicates a possibility of GME trading near $29 within the next three months, although the stock lacks coverage from Wall Street analysts [8].
The Last Time Qualcomm’s RSI Did This, the Stock Rallied 70%
Yahoo Finance· 2026-01-27 15:27
Qualcomm logo on smartphone beside circuit board and wireless signal graphic, highlighting QCOM chips. Key Points Qualcomm has just exited extremely oversold territory, a technical setup that previously marked the start of a major recovery rally. The signal is appearing just ahead of earnings, when expectations are about as low as they can be. With much of the downside already priced in, the risk-reward balance is tilting toward the bulls. Interested in QUALCOMM Incorporated? Here are five stocks we l ...
Top 2 Utilities Stocks That May Keep You Up At Night In Q1
Benzinga· 2026-01-27 13:20
Core Insights - Two stocks in the utilities sector are showing signs of being overbought, which may concern momentum-focused investors [1] Company Summaries UGI Corp (NYSE:UGI) - UGI International has agreed to sell its LPG businesses in Eastern Europe (Czech Republic, Hungary, Poland, and Slovakia) to DCC for approximately €48 million, completing its portfolio optimization program [4] - The divestiture allows UGI to focus on segments with stronger competitive positions and growth opportunities, aiming for sustainable value creation [4] - The stock has gained around 6% over the past five days, reaching a 52-week high of $39.92 [4] - RSI Value is reported at 76.7, indicating overbought conditions [2][4] - Recent price action shows shares gained 2.4%, closing at $39.79 [4] Kenon Holdings Ltd (NYSE:KEN) - Kenon reported quarterly earnings of 45 cents per share, a decrease from 81 cents per share in the same period last year [4] - The stock has gained around 11% over the past five days, with a 52-week high of $74.57 [4] - RSI Value is reported at 72.3, also indicating overbought conditions [2][4] - Recent price action shows shares rose 1.5%, closing at $74.21 [4]
Down 17.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Bausch (BHC)
ZACKS· 2026-01-26 15:36
Core Viewpoint - Bausch Health (BHC) is experiencing significant selling pressure, with a 17.9% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst consensus predicting better earnings than previously expected [1]. Group 1: Technical Analysis - 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]. - BHC's current RSI reading is 26.05, suggesting that the heavy selling pressure may be exhausting itself, indicating a potential reversal towards a more balanced supply and demand [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts regarding an increase in earnings estimates for BHC, with the consensus EPS estimate remaining unchanged over the last 30 days, which often correlates with price appreciation [7]. - BHC holds a Zacks Rank of 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].