Relative Strength Index (RSI)
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GoDaddy (GDDY) Loses 18.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2026-01-26 15:36
Core Viewpoint - GoDaddy (GDDY) has experienced significant selling pressure, resulting in an 18.4% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously expected, indicating potential for recovery [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if GDDY is oversold, with a current RSI reading of 21.4, suggesting that the stock may soon reverse its downward trend [2][5]. - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify potential price reversals, indicating that GDDY may present entry opportunities for investors [3]. Group 2: Fundamental Indicators - Analysts have raised earnings estimates for GDDY by 0.1% over the last 30 days, reflecting a consensus among sell-side analysts that typically leads to price appreciation [7]. - GDDY holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which supports the likelihood of a near-term turnaround [8].
Down 16.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Tarsus Pharmaceuticals (TARS)
ZACKS· 2026-01-26 15:36
Core Viewpoint - Tarsus Pharmaceuticals, Inc. (TARS) is experiencing significant selling pressure, with a 16.4% decline over the past four weeks, but is now 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 utilized to identify oversold conditions, with a reading below 30 indicating a stock may be oversold [2]. - TARS has an RSI reading of 19.34, suggesting that the heavy selling may be exhausting, indicating a potential bounce back towards equilibrium in supply and demand [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts to raise earnings estimates for TARS, with a 15.5% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - TARS 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].
XRP Price Faces a 25% Crash Warning as ETF Demand Falls
Yahoo Finance· 2026-01-25 11:17
The XRP price is sitting in a dangerous spot. At around $1.89, XRP is trading just 1% above a key breakdown zone. On the surface, the chart looks calm. Underneath, several signals suggest risk is quietly building. What makes this setup unusual is not just the proximity to support. It is what failed to happen earlier. XRP recently printed a bullish signal that usually leads to at least a short-term rebound. This time, it barely moved. That failure is the real warning. Hidden Bullish Divergence Failed — A ...
Gold Rally Pushes Newmont into Overbought Territory While Berkshire’s New CEO Eyes Kraft Heinz Exit
Stock Market News· 2026-01-24 15:08
Group 1: Newmont Corporation (NEM) - Newmont Corporation has surged to the top of Wall Street's most overbought stocks list, with shares reaching a 52-week high of $123.04, closing at $121.67, reflecting a 2.3% increase [2][7] - The company's market capitalization has risen to approximately $132.8 billion, driven by a robust gold rally and strong earnings performance [2][7] - Despite a consensus "Buy" rating from analysts, the 14-day Relative Strength Index (RSI) is at 77, indicating overbought conditions and a potential short-term risk of a pullback [3][7] - Newmont reported quarterly earnings per share of $1.71, beating estimates of $1.27, and revenue of $5.52 billion, which is up 20% year-over-year [3][7] - The average realized gold price reached $3,320 per ounce, a $973 per ounce increase year-over-year, significantly benefiting the company [3][7] Group 2: Berkshire Hathaway (BRK.A, BRK.B) - New CEO Greg Abel has indicated a potential divestment of Berkshire Hathaway's substantial stake in Kraft Heinz, holding approximately 325 million shares [4][5] - The investment in Kraft Heinz has been described as "troubled" due to its underperformance, with the stock recently hitting a new 12-month low following multiple analyst downgrades [4][5] - Analyst ratings for Kraft Heinz have been downgraded, with Exane BNP Paribas cutting its rating to "Strong Sell" and "Underperform," indicating increasing pressure on the company [5][7] - The potential exit from Kraft Heinz suggests a strategic re-evaluation of Berkshire Hathaway's portfolio, moving away from long-standing, underperforming assets [5][7]
Bitcoin Stuck in Neutral, But This Gaming Token Is Going Parabolic
Yahoo Finance· 2026-01-23 20:23
Group 1: Bitcoin Market Analysis - Bitcoin is currently trading around $90,895, showing a modest increase of 1.6% after bouncing from lows of approximately $88,000, but technical indicators suggest weakness and indecision among traders [3][6] - A bearish "death cross" pattern has formed, indicating potential downward pressure, as the 50-day EMA is below the 200-day average, which typically signals a shift in momentum towards bearish sentiment [4][5] - The 50-day EMA is acting as immediate resistance near the Fibonacci level of $91,353, and bulls have struggled to maintain trading above these moving averages for extended periods [6] Group 2: Market Context - The broader market is experiencing volatility, with gold reaching an all-time high of $4,900 per ounce and silver surpassing $99, as investors shift away from risk assets [2] - The S&P 500 is facing its second consecutive weekly decline, influenced by geopolitical tensions and proposed tariffs, leading to a sell-off in equities [2] - Goldman Sachs projects that gold could reach $5,400 by year-end, driven by the acceleration of the "debasement trade" [2] Group 3: Technical Indicators - Bitcoin's Relative Strength Index (RSI) is at 48.3, indicating a neutral position with neither strong buying momentum nor capitulation selling, suggesting a slightly bearish mood among traders [7]
Intel Stock Falls Sharply from 4-Year Highs After Earnings
Schaeffers Investment Research· 2026-01-23 15:49
Core Viewpoint - Intel Corp's stock has dropped 15.5% to $45.88 despite better-than-expected fourth-quarter earnings and revenue, primarily due to a forecast for first-quarter profit and revenue that fell below estimates [1] Group 1: Financial Performance - Intel reported fourth-quarter earnings and revenue that exceeded expectations [1] - The company's forecast for first-quarter profit and revenue is below estimates, attributed to insufficient supply to meet seasonal demand [1] Group 2: Stock Performance - Intel's stock had been performing well, reaching a four-year high of $54.60 in late December, with a year-over-year increase of 112.1% and a solid gain of 24.2% in 2026 [2] - The stock's recent pullback may have been anticipated, as indicated by a 14-day relative strength index (RSI) of 82.3, which is in "overbought" territory [2] Group 3: Options Trading Activity - There has been significant options trading activity, with 757,000 calls and 590,000 puts exchanged, which is six times the typical overall options volume [3] - The most popular option expiring today is the weekly 1/23 45-strike put, with new positions being opened [3]
Down 31.7% in 4 Weeks, Here's Why Domo (DOMO) Looks Ripe for a Turnaround
ZACKS· 2026-01-22 15:35
Core Viewpoint - Domo (DOMO) has experienced a significant decline of 31.7% over the past four weeks, but it is now in oversold territory, suggesting a potential for a 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 oversold conditions [2]. - Domo's current RSI reading is 24.27, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound [5]. - The RSI helps investors identify potential entry points for stocks that have fallen below their fair value due to excessive selling [3]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding Domo's earnings estimates, with a 2.6% increase in the consensus EPS estimate over the last 30 days, suggesting potential price appreciation [7]. - Domo 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 favorable outlook for a near-term turnaround [8].
Stock Of The Day: When Will The SanDisk Rally End?
Benzinga· 2026-01-21 19:28
Group 1 - SanDisk Corporation (NASDAQ:SNDK) shares are experiencing a significant uptrend, leading to speculation about the potential end of the rally [1] - Investors often lack a defined exit strategy, which can result in emotional decision-making and subsequent losses [1] - A common exit strategy involves setting a price target based on previous resistance levels, where stocks tend to face selling pressure [2] Group 2 - Another exit strategy is the stop-out strategy, where a trader sells if the stock reverses by a predetermined amount, such as 5 points or 5% [3] - The Relative Strength Index (RSI) indicates overbought conditions when the blue line is above the red horizontal line, suggesting a potential exit point when the blue line turns lower [5] - Successful traders plan their exit strategies in advance, avoiding guesswork and enhancing their profitability [5]
After Plunging 9.7% in 4 Weeks, Here's Why the Trend Might Reverse for West Pharmaceutical (WST)
ZACKS· 2026-01-21 15:36
Core Viewpoint - West Pharmaceutical Services (WST) has faced significant selling pressure, resulting in a 9.7% decline in stock price over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Technical Analysis - The stock is currently in oversold territory with a Relative Strength Index (RSI) reading of 29.43, indicating a potential reversal in trend [5] - RSI is a momentum oscillator that helps identify whether a stock is oversold, typically when the reading falls below 30 [2][3] Group 2: Fundamental Indicators - Analysts have raised earnings estimates for WST by 0.3% over the last 30 days, suggesting a positive outlook for the company's earnings [7] - WST holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, indicating strong potential for a turnaround [8]
Tata Motors shares in focus after BNP Paribas buys Rs 152 crore stake via block deal
The Economic Times· 2026-01-21 03:27
Core Viewpoint - Tata Motors Commercial Vehicles has shown strong short-term performance despite a recent decline following a block deal by BNP Paribas, indicating potential investor interest and market resilience [1][6]. Group 1: Stock Performance - Following a block deal where BNP Paribas acquired over 35.43 lakh shares at Rs 429.30 each, the stock declined over 2% to settle at Rs 432.35 on the NSE [1]. - Despite this dip, the stock has gained nearly 10% over the past month and has rallied about 29% from its market debut price of Rs 335 [1][2]. - The current market capitalization of Tata Motors Commercial Vehicles is approximately Rs 1.59 lakh crore [1]. Group 2: Technical Indicators - The stock's 14-day Relative Strength Index (RSI) is at 61.5, indicating healthy momentum without signs of extreme overbought conditions [5]. - An RSI reading below 30 indicates oversold conditions, while above 70 suggests overbought territory, positioning the stock with room for further movement [5]. Group 3: Institutional Interest - Institutional interest has resurfaced, and with supportive technical indicators, Tata Motors Commercial Vehicles is expected to remain on investors' radar in the near term [6].