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Check Point (CHKP) Loses 16.7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-08-01 14:35
A downtrend has been apparent in Check Point Software (CHKP) lately with too much selling pressure. The stock has declined 16.7% 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 o ...
Here's Why Crown (CCK) is Poised for a Turnaround After Losing 7% in 4 Weeks
ZACKS· 2025-07-31 14:36
However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision. Why a Trend Reversal is Due for CCK The RSI reading of 27.72 for CCK is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand. Crown Holdings (CCK) has been on a downward spiral lately with significant selling pressure. After declining 7.1% over the past four we ...
Down 9.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Skyward (SKWD)
ZACKS· 2025-07-31 14:36
Core Viewpoint - Skyward Specialty Insurance (SKWD) has experienced significant selling pressure, resulting in a 9.9% decline over the past four weeks, but analysts anticipate better earnings than previously expected, indicating potential for recovery [1]. Technical Analysis - The Relative Strength Index (RSI) for SKWD is currently at 27.89, suggesting that the stock is oversold and may be nearing a reversal point due to exhaustion of selling pressure [5]. - RSI is a momentum oscillator that helps identify overbought or oversold conditions, with readings below 30 typically indicating an oversold status [2][3]. Fundamental Indicators - There has been a consensus among sell-side analysts to raise earnings estimates for SKWD, resulting in a 0.2% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - SKWD 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].
New York Times (NYT) Loses 9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-07-31 14:36
New York Times Co. (NYT) has been beaten down lately with too much selling pressure. While the stock has lost 9% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of ...
Down 15.6% in 4 Weeks, Here's Why You Should You Buy the Dip in Brown & Brown (BRO)
ZACKS· 2025-07-30 14:55
Core Viewpoint - Brown & Brown (BRO) has experienced significant selling pressure, resulting in a 15.6% 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 a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating a stock is oversold [2] - BRO's current RSI reading of 18.44 suggests that the heavy selling may be exhausting, indicating a possible rebound towards previous supply and demand equilibrium [5] Group 2: Fundamental Analysis - There is a strong consensus among sell-side analysts to raise earnings estimates for BRO, with a 0.2% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [6] - BRO 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 [7]
Down 29.2% in 4 Weeks, Here's Why NeoGenomics (NEO) Looks Ripe for a Turnaround
ZACKS· 2025-07-30 14:55
Group 1 - NeoGenomics (NEO) has experienced a significant decline of 29.2% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for NEO is currently at 25.23, suggesting that the heavy selling pressure may be exhausting itself [5] - There is a strong consensus among Wall Street analysts that NEO will report better earnings than previously predicted, with a 1.4% increase in the consensus EPS estimate over the last 30 days [6] Group 2 - NEO 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 potential turnaround [7]
NVIDIA: A Major Indicator Just Flashed Sell, But Should You?
MarketBeat· 2025-07-30 14:20
Core Viewpoint - NVIDIA's stock has experienced a remarkable 100% increase since April, reaching a market capitalization of $4 trillion, but technical indicators suggest potential downward momentum [1][3][11]. Technical Indicators - The Moving Average Convergence Divergence (MACD) has recently shown a bearish crossover, indicating a possible shift to downward momentum for NVIDIA's stock [3][4]. - The Relative Strength Index (RSI) is at 71, suggesting that the stock is extremely overbought, which often precedes a short-term price correction [6][7]. Valuation Concerns - NVIDIA's price-to-earnings (P/E) ratio has surged from 35 in April to nearly 60, raising concerns about the sustainability of its valuation and the necessity for strong earnings in the upcoming report [8][9]. Analyst Sentiment - Despite the technical warnings, analyst sentiment remains positive, with a 12-month stock price forecast averaging $181.22, indicating a potential upside of 3.25% [10]. - Major firms like Jefferies and Bank of America have reiterated their Buy ratings, with price targets as high as $220, suggesting further upside potential of at least 25% from current levels [11]. Strategic Positioning - NVIDIA continues to be a leader in graphics processing, data center infrastructure, and custom AI chips, making it a key player in the AI megatrend [11][12].
Alpine Income (PINE) Loses 5.1% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-07-29 14:45
Core Viewpoint - Alpine Income (PINE) is experiencing significant selling pressure but is positioned for a potential trend reversal due to being in oversold territory and positive earnings outlook from analysts [1]. Technical Analysis - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 suggesting oversold conditions [2]. - PINE's current RSI reading is 29.24, indicating that heavy selling may be exhausting, suggesting a possible bounce back towards equilibrium [5]. Fundamental Analysis - There is a strong consensus among sell-side analysts that PINE will report better earnings than previously predicted, with a 0.4% increase in the consensus EPS estimate over the last 30 days [6]. - An upward trend in earnings estimate revisions typically correlates with price appreciation in the near term [6]. Analyst Ratings - PINE 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 [7].
Dutch Bros Stock Flashing Sure-Fire Bull Signal
Schaeffers Investment Research· 2025-07-28 19:13
Core Insights - Dutch Bros Inc (NYSE:BROS) has experienced a pullback since early June, currently trading at $59.36, but is expected to rebound due to its proximity to the supportive 200-day trendline, which aligns with its year-to-date breakeven level [1] Group 1: Stock Performance - BROS is currently within 0.75 of the 200-day trendline's 20-day average true range (ATR), having spent at least 80% of the last 10 days and 80% of the last two months above this level [2] - Historical data shows that in the past three years, similar signals have led to a one-month increase in stock price, averaging a 21% gain, which could position BROS at $71.82, effectively recovering its July losses [2] Group 2: Technical Indicators - The 14-day relative strength index (RSI) for BROS is at 30.7, indicating it is on the verge of "oversold" territory [4] - Short interest in BROS accounts for 6.6% of the stock's available float, suggesting significant potential for buying power if a rebound occurs [4]
Options Traders: Read This AMD Earnings Preview
Schaeffers Investment Research· 2025-07-28 18:43
Group 1 - Advanced Micro Devices Inc (AMD) stock increased by 4% to $173.04 after UBS raised its price target from $150 to $210, marking the highest trading level in nearly a year [1] - AMD has seen significant options activity, with 5,499,770 calls and 2,768,896 puts exchanged in the last 10 sessions, making it the fourth most popular stock in terms of options volume [2] - The stock has experienced a 43% increase in 2025, breaking out of an uptrend channel that began from a 12-month low of $76.48 on April 8 [5] Group 2 - The options market is anticipating a 10.4% price swing following the upcoming earnings report, which is larger than the average move of 6.4% observed over the last two years [7] - AMD's Schaeffer's Volatility Scorecard (SVS) is at 90 out of 100, indicating that the company has consistently outperformed volatility expectations over the past 12 months [8]