Relative Strength Index (RSI)
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Top 2 Health Care Stocks That May Fall Off A Cliff This Month - Avadel Pharmaceuticals (NASDAQ:AVDL), Cidara Therapeutics (NASDAQ:CDTX)
Benzinga· 2025-11-17 13:15
Core Insights - Two stocks in the health care sector are showing signs of being overbought, which may concern momentum-focused investors [1][2] Company Summaries - **Avadel Pharmaceuticals PLC (NASDAQ:AVDL)**: Received an unsolicited acquisition proposal from Lundbeck valuing the company at up to $23 per share, consisting of $21 in cash and up to $2 in contingent value rights (CVR) milestones. The stock has increased approximately 55% over the past month, reaching a 52-week high of $23.57. The RSI value is at 95.1, indicating strong momentum. On the last trading day, shares rose 22.5% to close at $23.56 [7] - **Cidara Therapeutics Inc (NASDAQ:CDTX)**: Merck & Co. Inc. has agreed to acquire Cidara for $221.50 per share in cash, totaling around $9.2 billion. The stock has surged about 114% over the past month, with a 52-week high of $218.85. The RSI value stands at 93.7, reflecting significant momentum. On the last trading day, shares increased by 105.4% to close at $217.71 [7]
Down 19.2% in 4 Weeks, Here's Why You Should You Buy the Dip in Inogen (INGN)
ZACKS· 2025-11-14 15:36
Core Viewpoint - Inogen (INGN) is experiencing significant selling pressure, with a 19.2% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analysts predicting better-than-expected earnings [1] Technical Analysis - 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] - INGN's current RSI reading of 27.38 suggests that the heavy selling may be exhausting, indicating a possible bounce back towards equilibrium in supply and demand [5] Fundamental Analysis - There is strong consensus among sell-side analysts to raise earnings estimates for INGN, with a 5.3% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7] - INGN 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 potential for a near-term turnaround [8]
After Plunging 30.3% in 4 Weeks, Here's Why the Trend Might Reverse for EVgo (EVGO)
ZACKS· 2025-11-14 15:36
Core Viewpoint - EVgo Inc. (EVGO) has experienced significant selling pressure, resulting in a 30.3% 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 a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating such a state [2] - EVGO's current RSI reading is 26.12, suggesting that the heavy selling may be nearing exhaustion, indicating a potential price rebound [5] Group 2: Fundamental Analysis - There has been a notable increase in earnings estimates for EVGO, with a 15.3% rise in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7] - EVGO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate trends and EPS surprises, further supporting the potential for a turnaround [8]
Down 28.6% in 4 Weeks, Here's Why Impinj (PI) Looks Ripe for a Turnaround
ZACKS· 2025-11-14 15:36
Core Viewpoint - Impinj (PI) has experienced significant selling pressure, resulting in a 28.6% decline over the past four weeks, but analysts anticipate better earnings than previously expected, indicating a potential turnaround for the stock [1]. Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if a stock is oversold, with readings below 30 indicating oversold conditions [2]. - Currently, PI's RSI is at 28.81, suggesting that the heavy selling may be exhausting itself and a price reversal could be imminent [5]. Fundamental Analysis - There has been a strong consensus among sell-side analysts to raise earnings estimates for PI, leading to a 264% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - PI 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].
Analysts Liken Stress Levels to FTX Era as Crypto Liquidations Exceed $1.1 Billion
Yahoo Finance· 2025-11-14 09:24
Core Insights - The cryptocurrency market experienced $1.1 billion in liquidations within 24 hours on November 14, 2025, predominantly from long positions totaling $968 million [1][2] - Over 246,000 traders were liquidated, drawing parallels to the FTX collapse in 2022 [1][4] - The largest single liquidation was a $44.29 million BTC-USDT position on HTX, with significant liquidations also occurring on Hyperliquid and Bybit [2] Market Sentiment - Current market sentiment has dropped to levels reminiscent of the aftermath of the FTX collapse, indicating severe market stress [4][5] - Bitcoin's Relative Strength Index (RSI) is in oversold territory, a condition not observed since 2022, suggesting a potential shift in market dynamics [5] - The market is debating whether the current situation indicates the onset of a new bear market or merely a sharp correction [4] Historical Context - The recent liquidation event, while significant, does not rank among the largest recorded, with the highest being $19.16 billion in October 2025 due to a US-China tariff announcement [4] - The FTX collapse in November 2022 was a pivotal moment for the crypto industry, leading to a substantial loss in market value and a drastic decline in Bitcoin's price [6]
2 Chip Hardware Stocks Suffering From Sector Headwinds
Schaeffers Investment Research· 2025-11-13 20:46
Group 1 - Memory chip stocks are experiencing significant declines following Kioxia's disappointing earnings report, impacting major players like Micron Technology Inc and SanDisk Corp [1] - Micron Technology Inc shares are down 3.4% to $236.67, having previously reached a record high of $257.07 on November 10, and are up 171.3% year to date [2] - SanDisk Corp shares have dropped 15.6% to $239.07, now 9.2% below their all-time peak of $284.76 on November 12, with a year-to-date increase of 132% [2] Group 2 - Both Micron and SanDisk exhibit similar technical setups, with options trading being a notable strategy for both companies [3] - Micron has a Schaeffer's Volatility Scorecard (SVS) of 89, while SanDisk's SVS is at 91, indicating a history of exceeding volatility expectations [3]
Top 3 Defensive Stocks That Could Lead To Your Biggest Gains In Q4
Benzinga· 2025-11-13 11:05
Core Insights - The consumer staples sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Company Summaries - **Oddity Tech Ltd (NASDAQ: ODD)**: - RSI Value: 29.2, indicating it is oversold - Stock price decreased by approximately 21% over the past month, with a 52-week low of $35.44 - Recent price action showed a slight increase of 0.9%, closing at $40.26 [8] - **Celsius Holdings Inc (NASDAQ: CELH)**: - RSI Value: 29.1, also indicating it is oversold - Stock price fell around 27% in the last month, reaching a 52-week low of $21.10 - The company announced a $300 million share repurchase authorization, with shares gaining 2.7% to close at $44.91 [8] - **Calavo Growers Inc (NASDAQ: CVGW)**: - RSI Value: 29.1, indicating it is oversold - Stock price decreased by about 11% over the past month, with a 52-week low of $21.46 - Recent leadership change announced, with shares falling 0.6% to close at $22.13 [8]
Circle Stock Slides Despite Upbeat Earnings
Schaeffers Investment Research· 2025-11-12 18:51
Core Insights - Circle's stock is trading at its lowest levels since its June debut, despite reporting better-than-expected adjusted third-quarter earnings of 64 cents per share on $740 million in revenue, surpassing analyst forecasts [1][2] - The decline in stock price is attributed to the company's updated full-year guidance indicating higher costs and concerns over lower reserve returns in a rapidly changing interest rate environment [1] - Circle holds a 29% share of the Stablecoin market, ranking second only to Tether, indicating steady growth in Stablecoin adoption [2] Stock Performance - Circle's stock is down 9.3%, trading at $89.13, contributing to a 40% decline over the past three months, marking its lowest point since the June debut [2] - The stock is significantly below its June 23 record high of $298.99 and is on track for three consecutive weekly losses [3] - The 14-Day Relative Strength Index (RSI) for Circle's stock has dropped to 28, indicating it is deep in "oversold" territory [3]
Analyst sets date when S&P 500 will hit 7,150
Finbold· 2025-11-12 14:28
Core Insights - Analysts suggest that the S&P 500 may face a correction, but technical indicators indicate potential for the index to rise above the 7,000 level [1] - The index recently found support near 6,730, indicating renewed bullish momentum and confirming a potential continuation of its six-month ascending channel [2] - Historical patterns show that rebounds from the one-day moving average have led to significant upward movements, projecting a target of 7,150 [3] - As long as the index remains above the one-day moving average and within its rising channel, a steady climb is expected through November into early December [4] Wall Street Projections - Deutsche Bank has revised its year-end 2025 target for the S&P 500 to 7,000, up from 6,550, while Barclays has increased its outlook to 6,450 [5] - Citigroup raised its target to 6,600, citing fiscal tailwinds, while Goldman Sachs and Morgan Stanley project 6,500 by late 2025 [5] - Bank of America anticipates the index could reach approximately 7,200 over the next 12 months [5]
Akebia Therapeutics (AKBA) Loses 39.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-11-11 15:35
Core Viewpoint - Akebia Therapeutics (AKBA) is experiencing significant selling pressure, having declined 39.9% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, with analysts predicting better earnings than previously expected [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]. - AKBA's current RSI reading is 24.46, suggesting 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 AKBA have increased by 100% over the last 30 days, which usually correlates with price appreciation in the near term [7]. - AKBA 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].