Relative Strength Index (RSI)

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Down 5.7% in 4 Weeks, Here's Why You Should You Buy the Dip in Okta (OKTA)
ZACKS· 2025-07-07 14:36
Core Viewpoint - Okta (OKTA) has experienced a downtrend with a 5.7% decline over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround as analysts expect better earnings than previously predicted [1]. Group 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]. - Okta's current RSI reading is 26.89, indicating that heavy selling may be exhausting itself, which could lead to a price rebound [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 strong consensus among sell-side analysts regarding Okta's earnings estimates, with a 0.3% increase in the consensus EPS estimate over the last 30 days, which often correlates with near-term price appreciation [7]. - Okta 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].
Down 7.4% in 4 Weeks, Here's Why Haleon PLC Sponsored ADR (HLN) Looks Ripe for a Turnaround
ZACKS· 2025-07-07 14:36
Core Viewpoint - Haleon PLC Sponsored ADR (HLN) has experienced significant selling pressure, resulting in a 7.4% decline over the past four weeks, but analysts anticipate better earnings than previously expected, indicating potential for recovery [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to determine if HLN is oversold, with a reading of 25.05 suggesting that heavy selling may be exhausting, indicating 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 Indicators - There is a consensus among sell-side analysts that earnings estimates for HLN have increased by 0.3% over the last 30 days, which typically correlates with price appreciation in the near term [7]. - HLN 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].
欧元信用债市场发行量激增
Jin Tou Wang· 2025-07-07 02:44
Group 1 - The core viewpoint of the article highlights a significant increase in the euro-denominated corporate bond market in June, driven by strong demand from institutional investors, proactive financing strategies by issuers, and anticipation of potential trade policy changes due to the approaching deadline for U.S. tariffs [1] - Institutional investors continue to show robust demand for credit bond assets, providing ample funding support for the primary market [1] - Corporate issuers are completing financing before the quiet period for Q2 earnings reports to avoid regulatory restrictions on issuing new securities [1] - Issuers are adopting a "prepare for the worst" strategy by locking in financing ahead of potential trade policy changes, reflecting heightened awareness of geopolitical risks [1] Group 2 - The current eurozone corporate bond issuance window exhibits a "strong supply and demand" characteristic, with investors maintaining strong demand for relatively high-yielding credit bonds amid the European Central Bank's accommodative monetary policy [1] - Issuers are taking advantage of favorable market conditions for proactive liability management, meeting operational funding needs while preparing liquidity reserves for potential changes in the trade environment [1] - Some multinational companies have noticeably accelerated the pace of euro bond issuance, indicating market participants' heightened vigilance regarding geopolitical risks [1]
Molina (MOH) Loses 18.3% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-07-03 14:36
Core Viewpoint - Molina (MOH) has experienced significant selling pressure, resulting in an 18.3% 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 momentum oscillator that helps identify whether a stock is oversold, with readings below 30 indicating oversold conditions [2] - MOH's current RSI reading of 21.88 suggests 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 a strong consensus among sell-side analysts to raise earnings estimates for MOH, with the consensus EPS estimate remaining unchanged over the last 30 days, which typically correlates with price appreciation [7] - MOH 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]
Top 2 Real Estate Stocks Which Could Rescue Your Portfolio In July
Benzinga· 2025-07-03 12:04
Group 1 - The real estate sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] - An asset is considered oversold when the Relative Strength Index (RSI) is below 30, indicating potential short-term performance improvement [1] Group 2 - MacKenzie Realty Capital Inc (MKZR) reported a third-quarter loss of $0.47 per share, compared to a loss of $0.26 per share a year ago, with an RSI value of 24.5 [6] - The stock of MacKenzie Realty Capital fell approximately 26% over the past month, closing at $0.64, with a 52-week low of $0.60 [6] - La Rosa Holdings (LRHC) announced an 80-for-1 reverse stock split, with an RSI value of 17.6, and its stock fell around 43% over the past five days, closing at $0.080 [6]
Jensen Sold At The Top - Nvidia Stock Could Sink After Ominous Development
Benzinga· 2025-07-02 15:02
Nvidia Corp NVDA has been the undisputed champion of the AI era, soaring 80% since April 2025 and pushing its market cap to an eye-watering $3.8 trillion.But, just when investors were popping the champagne bottles, two ominous signals emerged – one from the CEO, the other from the chart.Jensen's Big ExitIn late June and early July, Nvidia insiders unloaded a staggering $500 million worth of shares, with $35 million coming from CEO Jensen Huang himself. Huang sold 217,910 shares at or near all-time highs, ra ...
Watch This REIT With Technical Support in Place
Schaeffers Investment Research· 2025-07-01 18:02
Core Insights - Host Hotels and Resorts Inc (NASDAQ:HST) has seen a price increase of 4.4%, reaching $16.03, following Wells Fargo's price target adjustment from $16 to $18 while maintaining an "overweight" rating [1] - The stock's 50-day moving average has recently acted as support, which historically has led to bullish activity [1] Technical Analysis - The REIT is currently within 0.75 of its 50-day moving average's 20-day average true range (ATR), having spent at least 8 of the last 10 days and 80% of the last two months above this average [2] - Historical data shows that after similar conditions in the past three years, HST has increased one month later 100% of the time, with an average gain of 3.7% [2] - The 14-day relative strength index (RSI) is at 34.4, indicating that the stock is nearing "oversold" territory, which may suggest a potential short-term bounce [4] Short Interest and Trading Dynamics - Short interest has been decreasing as the stock rebounds from early-April lows, but it still represents 5.3% of the equity's available float [4] - It would take over three days for short sellers to cover their positions based on HST's average trading volume [4] Options Market Sentiment - Options trading appears favorable, with HST's Schaeffer's Volatility Index (SVI) at 25%, ranking in the 14th percentile of its annual range, indicating low volatility expectations from options traders [5]
Banco Macro (BMA) Loses 15.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-06-27 14:36
Core Viewpoint - Banco Macro (BMA) has experienced a significant downtrend, with a 15.2% 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 determine if a stock is oversold, with readings below 30 indicating oversold conditions [2]. - BMA's current RSI reading is 29, indicating that the heavy selling pressure may be exhausting itself, which could lead to a reversal in the stock's trend [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 - Analysts covering BMA have shown a strong consensus in raising earnings estimates for the current year, resulting in a 2.5% increase in the consensus EPS estimate over the last 30 days [7]. - An upward trend in earnings estimate revisions typically correlates with price appreciation in the near term, supporting the case for a potential rebound in BMA's stock price [7]. - BMA holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate trends and EPS surprises, indicating strong potential for a turnaround [8].
Centene (CNC) Loses 5.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-06-27 14:36
Centene (CNC) has been beaten down lately with too much selling pressure. While the stock has lost 5.2% 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 mov ...
Allete Shares Enter Oversold Territory
Forbes· 2025-06-25 20:15
Core Viewpoint - Allete's shares have entered oversold territory with a Relative Strength Index (RSI) reading of 29.7, indicating potential buying opportunities as heavy selling may be exhausting [1][2][3] Group 1: Stock Performance - Allete shares traded as low as $63.555, with a current trading price of $63.65, reflecting a decrease of approximately 0.3% on the day [1][3] - The 52-week range for Allete shares is between $61.51 (low) and $66.40 (high) [3] Group 2: Technical Indicators - The average RSI for the energy stocks universe is 51.1, while WTI Crude Oil has an RSI of 47.5, and Henry Hub Natural Gas is at 41.4 [2] - The 3-2-1 Crack Spread RSI is currently at 45.6, indicating a relatively stronger position compared to Allete's RSI [2]