Relative Strength Index (RSI)

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Down 15.3% in 4 Weeks, Here's Why You Should You Buy the Dip in Kennametal (KMT)
ZACKSยท 2025-08-07 14:36
Group 1 - Kennametal (KMT) has experienced a significant decline of 15.3% over the past four weeks, but it is now in oversold territory, indicating a potential for a trend reversal [1] - The Relative Strength Index (RSI) for KMT is currently at 28.83, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [5] - There is a strong consensus among Wall Street analysts that KMT will report better earnings than previously predicted, with a 1.8% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - KMT 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]
Down 10.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Marex Group PLC (MRX)
ZACKSยท 2025-08-07 14:36
Group 1 - Marex Group PLC (MRX) has experienced a significant decline of 10.8% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for MRX is currently at 29.38, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [5] - There is a strong consensus among Wall Street analysts that MRX will report better earnings than previously predicted, with a 5.2% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - MRX 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]
After Plunging 14.2% in 4 Weeks, Here's Why the Trend Might Reverse for Accel Entertainment (ACEL)
ZACKSยท 2025-08-07 14:36
Group 1 - Accel Entertainment (ACEL) has experienced a significant downtrend, with a stock decline of 14.2% 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 ACEL is currently at 25.84, suggesting that the heavy selling pressure may be exhausting itself, which could lead to a reversal in the stock's trend [5] - Analysts have raised earnings estimates for ACEL by 2% over the last 30 days, indicating a positive outlook for the company's earnings, which typically correlates with price appreciation [7] Group 2 - ACEL 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]
Down 10.7% in 4 Weeks, Here's Why You Should You Buy the Dip in Nomad Foods (NOMD)
ZACKSยท 2025-08-07 14:36
Core Viewpoint - Nomad Foods (NOMD) has experienced significant selling pressure, resulting in a 10.7% decline 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 NOMD is oversold, with a reading of 27.07 suggesting that heavy selling may be exhausting, leading to a possible price rebound [2][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 - There is a consensus among sell-side analysts that earnings estimates for NOMD have increased by 2.9% over the last 30 days, which typically correlates with price appreciation [7]. - NOMD 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 11.6% in 4 Weeks, Here's Why You Should You Buy the Dip in Light & Wonder (LNW)
ZACKSยท 2025-08-06 14:36
Core Viewpoint - Light & Wonder (LNW) has experienced a significant downtrend, with an 11.6% 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 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]. - LNW's current RSI reading is 26.89, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound as the stock seeks to return to its previous equilibrium [5]. Group 2: Fundamental Analysis - Analysts covering LNW have shown strong consensus in raising earnings estimates, with a 2.8% increase in the consensus EPS estimate over the last 30 days, which often correlates with near-term price appreciation [7]. - LNW 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 9.6% in 4 Weeks, Here's Why Fidelity National (FIS) Looks Ripe for a Turnaround
ZACKSยท 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]
TransDigm (TDG) Loses 7.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKSยท 2025-08-06 14:36
Group 1 - TransDigm Group (TDG) has experienced significant selling pressure, resulting in a 7.4% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The Relative Strength Index (RSI) for TDG is currently at 29.92, indicating that the stock may be oversold and could be poised for a rebound as selling pressure exhausts [5] - Over the last 30 days, the consensus EPS estimate for TDG has increased by 0.3%, suggesting a positive trend in earnings estimates that typically correlates with price appreciation [7] Group 2 - TDG 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]
Alkami (ALKT) Loses 28.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKSยท 2025-08-06 14:36
Core Viewpoint - Alkami Technology (ALKT) has experienced significant selling pressure, resulting in a 28.6% 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 that a stock is oversold [2] - ALKT's current RSI reading is 27.5, suggesting that the heavy selling may be nearing exhaustion, potentially leading to a price rebound [5] - The RSI helps investors identify entry opportunities when a stock is undervalued due to excessive selling pressure [3] Group 2: Fundamental Analysis - There has been a strong consensus among sell-side analysts to raise earnings estimates for ALKT, with a 15.8% increase in the consensus EPS estimate over the last 30 days [7] - An upward trend in earnings estimate revisions is generally associated with price appreciation in the near term [7] - ALKT 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, indicating a strong potential for a turnaround [8]
Down 7.6% in 4 Weeks, Here's Why You Should You Buy the Dip in Ingredion (INGR)
ZACKSยท 2025-08-06 14:36
Core Viewpoint - Ingredion (INGR) has experienced significant selling pressure, declining 7.6% over the past four weeks, but is now positioned for a potential trend reversal as it is in oversold territory, with analysts expecting better earnings than previously predicted [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements, with a reading below 30 indicating that a stock is considered oversold [2] - INGR's RSI reading is currently at 24.93, suggesting that the heavy selling may be exhausting itself and a trend reversal could occur soon [5] Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that earnings estimates for INGR have increased by 0.5% over the last 30 days, indicating a potential for price appreciation in the near term [7] - INGR 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 turnaround [8]
25 Stocks to Avoid in August, Historically
Schaeffers Investment Researchยท 2025-08-05 19:27
Group 1 - Dollar Tree Inc (NASDAQ:DLTR) stock reached a record high of $116.51 after Bernstein raised its price target to $109 from $86, despite a year-to-date gain of 54.5% [1] - The stock is entering a historically bearish period, with a monthly average loss of 8.2% in August over the past 10 years, finishing lower 80% of the time [2] - The stock's 14-Day Relative Strength Index (RSI) is at 72, indicating it is in "overbought" territory [3] Group 2 - Options trading is considered intriguing due to the stock's Schaeffer's Volatility Index (VIX) of 27%, which is in the bottom percentile of its annual range, suggesting low volatility expectations [5]