Relative Strength Index (RSI)

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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]
After Plunging 10.4% in 4 Weeks, Here's Why the Trend Might Reverse for IBM (IBM)
ZACKS· 2025-07-28 14:46
IBM (IBM) has been on a downward spiral lately with significant selling pressure. After declining 10.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will 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 th ...
Down 16.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Pinnacle Financial (PNFP)
ZACKS· 2025-07-28 14:46
Core Viewpoint - Pinnacle Financial (PNFP) has experienced a significant downtrend, with a 16.4% 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]. - PNFP's current RSI reading is 25.59, 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 - There is a strong consensus among sell-side analysts that earnings estimates for PNFP have increased by 2.6% over the last 30 days, which often correlates with price appreciation in the near term [6]. - PNFP 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].
Top 2 Real Estate Stocks That May Collapse This quarter
Benzinga· 2025-07-28 13:16
As of July 28, 2025, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to ...
Down 14.3% in 4 Weeks, Here's Why Palomar (PLMR) Looks Ripe for a Turnaround
ZACKS· 2025-07-25 14:35
Palomar (PLMR) has been beaten down lately with too much selling pressure. While the stock has lost 14.3% 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 price m ...
After Plunging 14.4% in 4 Weeks, Here's Why the Trend Might Reverse for Iridium (IRDM)
ZACKS· 2025-07-25 14:35
Core Viewpoint - Iridium Communications (IRDM) has faced significant selling pressure, resulting in a 14.4% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously expected, indicating a potential turnaround for the stock [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) is utilized to determine if a stock is oversold, with a reading below 30 typically indicating this condition [2]. - IRDM's current RSI reading is 26.03, suggesting that the heavy selling pressure may be exhausting itself and a price reversal could be imminent [5]. - RSI serves as a momentum oscillator that helps identify potential price reversals, allowing investors to seek entry points for potential rebounds [3]. Group 2: Fundamental Analysis - Analysts have raised earnings estimates for IRDM, with a 1.1% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - IRDM 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 for a turnaround [8].
Royal Gold (RGLD) Loses 13.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-07-25 14:35
Core Viewpoint - Royal Gold (RGLD) has experienced a significant downtrend, with a 13.6% 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 indicating that a stock may be oversold [2]. - RGLD's current RSI reading is 28.19, 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 RGLD, with a 2.4% increase in the consensus EPS estimate over the last 30 days, indicating positive earnings revisions [7]. - An upward trend in earnings estimate revisions typically correlates with price appreciation in the near term [7]. - RGLD holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, further supporting the potential for a near-term turnaround [8].
After Plunging 8.4% in 4 Weeks, Here's Why the Trend Might Reverse for Otis Worldwide (OTIS)
ZACKS· 2025-07-24 14:46
Core Viewpoint - Otis Worldwide (OTIS) is experiencing significant selling pressure, with a recent decline of 8.4% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst consensus for better-than-expected earnings [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is overbought or oversold, with readings below 30 typically signaling an oversold condition [2] - OTIS has an RSI reading of 29.49, suggesting that the heavy selling may be exhausting, indicating a possible bounce back towards equilibrium in supply and demand [5] Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts for OTIS, with earnings estimates for the current year being raised, resulting in a 0.6% increase in the consensus EPS estimate over the last 30 days [6] - An upward trend in earnings estimate revisions is generally associated with price appreciation in the near term [6] Group 3: Analyst Ratings - OTIS 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]
Philip Morris (PM) Loses 10.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-07-23 14:36
Core Viewpoint - Philip Morris (PM) is experiencing significant selling pressure, with a 10.4% 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 key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating that a stock is oversold [2]. - PM's current RSI reading is 27.52, suggesting that the heavy selling may be exhausting itself, indicating a potential bounce back towards equilibrium in supply and demand [5]. - The RSI helps investors identify entry opportunities when a stock is undervalued due to unwarranted selling pressure [3]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that PM will report better earnings, leading to a 0.5% increase in the consensus EPS estimate over the last 30 days [7]. - An upward trend in earnings estimate revisions is typically associated with price appreciation in the near term, further supporting the potential for a rebound in PM's stock price [7]. - PM 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].
After Plunging 17.2% in 4 Weeks, Here's Why the Trend Might Reverse for Badger Meter (BMI)
ZACKS· 2025-07-23 14:36
Core Viewpoint - Badger Meter (BMI) has experienced significant selling pressure, with a 17.2% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst consensus for better-than-expected earnings [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] - BMI's current RSI reading is 20.39, suggesting that the heavy selling pressure may be exhausting itself, indicating a potential reversal in trend [5] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for BMI, with a 0.9% increase in the consensus EPS estimate over the last 30 days, which often correlates with near-term price appreciation [7] - BMI 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]