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Top 3 Financial Stocks That Could Blast Off In October
Benzinga· 2025-10-03 10:31
Core Insights - The financial sector is experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Group 1: Oversold Stocks - KKR & Co Inc has an RSI value of 27.2, with shares closing at $124.63 after a 2.2% decline [8] - MarketAxess Holdings Inc also has an RSI value of 27.2, with shares closing at $169.59 after a 0.7% decline [8] - Apollo Global Management has an RSI value of 29.9, with shares closing at $127.23 after a 2.1% decline [8] Group 2: Upcoming Financial Results - KKR & Co is set to release its Q3 financial results on November 7, 2025 [8] - Apollo Global Management will release its Q3 financial results on November 4, 2025 [8] Group 3: Analyst Ratings - Morgan Stanley analyst maintained an Overweight rating for MarketAxess, lowering the price target from $274 to $253 [8]
Pi Coin Price Faces 30% Crash Risk As Bearish Patterns Clash With A Key Support
Yahoo Finance· 2025-10-03 07:00
Core Insights - Pi Coin is experiencing a significant decline, with a nearly 24% drop month-on-month, currently trading around $0.26 [1] - Social dominance, a measure of market attention, has decreased from 0.234% on September 26 to 0.07% by October 3, indicating reduced trader interest [2] - The price is in a bearish descending triangle pattern, suggesting potential further declines if key support levels are breached [6] Price and Market Activity - The trading volume for Pi Coin is showing signs of weakness, with yellow bars indicating that sellers are gaining control over buyers [4][5] - Historical patterns suggest that when social dominance hits local lows, the price tends to drop significantly, as seen in previous declines [3] Support and Resistance Levels - The critical support level is at $0.25; if this level is broken, the price could fall to $0.22 and potentially to $0.18, representing a nearly 30% decline [7] - For a bullish reversal, reclaiming the $0.27 level is essential, which could lead to a short-term bounce to $0.29 and $0.32 [7]
Gold (XAU/USD) Price Forecast: Stalls at $3,897 as Buyers Test Key Levels
FX Empire· 2025-10-02 20:33
Group 1: Market Dynamics - A pullback to the 10-Day moving average at $3,784 is considered a normal retracement under current volatility conditions, with this level marking dynamic support during the latest rally [1] - The ongoing rally, which began after the August swing low, is characterized by strong bullish momentum, with brief pullbacks being shallow and no more than two consecutive sessions of lower highs and lows [2] - A decisive breakout above the new all-time high of $3,897 would pave the way for further movement toward the next resistance zone projected between $3,969 and $4,000 [3] Group 2: Technical Indicators - The 10-Day moving average is the first key level to monitor, with a break below it indicating a shift in near-term momentum and opening the way to the next support level at the 20-Day average, currently at $3,714 [1] - The monthly relative strength index (RSI) for gold is at its most overbought level since January 1980, suggesting that while buyers are in control, the market may be stretched [4] - The ABCD projection indicates that the market is closely attuned to the resistance level at $3,897, which aligns with a significant technical pattern originating from the 2018 lows [3]
Down 10% in 4 Weeks, Here's Why OneMain (OMF) Looks Ripe for a Turnaround
ZACKS· 2025-10-02 14:36
Core Viewpoint - OneMain Holdings (OMF) has experienced significant selling pressure, resulting in a 10% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted, indicating a potential turnaround for the company [1]. Technical Analysis - The Relative Strength Index (RSI) for OMF is currently at 29.3, suggesting that the stock is in oversold territory and may be poised for a rebound as selling pressure exhausts [5]. - RSI is a momentum oscillator that helps identify whether a stock is overbought or oversold, with readings below 30 typically indicating oversold conditions [2][3]. Fundamental Indicators - There has been a strong consensus among sell-side analysts to raise earnings estimates for OMF, leading to a 0% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - OMF 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 21.9% in 4 Weeks, Here's Why Stitch Fix (SFIX) Looks Ripe for a Turnaround
ZACKS· 2025-10-02 14:36
Core Viewpoint - Stitch Fix (SFIX) has experienced a significant decline of 21.9% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal as analysts expect better earnings than previously predicted [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]. - SFIX's current RSI reading is 28.41, suggesting that the heavy selling pressure may be exhausting itself, leading to a possible reversal towards a previous equilibrium of supply and demand [5]. Fundamental Indicators - There is a strong consensus among sell-side analysts regarding an increase in earnings estimates for SFIX, with a 19.2% rise in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - SFIX 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 near-term turnaround [8].
After Plunging 9.1% in 4 Weeks, Here's Why the Trend Might Reverse for DocuSign (DOCU)
ZACKS· 2025-10-02 14:36
Core Viewpoint - DocuSign (DOCU) has experienced a significant downtrend with a 9.1% 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 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] - DOCU's current RSI reading is 29.57, indicating that the heavy selling pressure may be exhausting itself, which could lead to a trend reversal [5] Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding an increase in DOCU's earnings estimates, with a 16.2% rise 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 [7] Group 3: Analyst Ratings - DOCU holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [8]
After Plunging 10.4% in 4 Weeks, Here's Why the Trend Might Reverse for Hamilton Lane (HLNE)
ZACKS· 2025-10-02 14:36
Core Viewpoint - Hamilton Lane (HLNE) has experienced significant selling pressure, resulting in a 10.4% decline 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 HLNE is oversold, with a current RSI reading of 27.01, suggesting that the stock may be nearing a reversal point [2][5]. - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify potential price reversals, 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 HLNE have increased by 6.1% over the last 30 days, which typically correlates with price appreciation [7]. - HLNE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, further supporting the potential for a near-term turnaround [8].
Bitcoin Rally Pushes Crypto Into Green for September, But Alts Are Lagging: Analysis
Yahoo Finance· 2025-09-30 22:19
Market Overview - Bitcoin is currently trading above $114,000, showing resilience with a nearly 1% increase despite broader market weakness, and is described as entering a "cooling phase" that may lead to an upward move [3][6] - The global cryptocurrency market cap is approximately $4 trillion, with Bitcoin and Ethereum both experiencing modest rebounds, while many altcoins are struggling [6] - The Altcoin Season Index has dropped from 77 to 58 points, indicating a shift in trader sentiment towards Bitcoin or exiting the market entirely [4] Technical Indicators - Bitcoin maintains a golden cross formation, with the 50-day moving average above the 200-day moving average, suggesting a bullish medium-term trend [2] - The Average Directional Index (ADX) for Bitcoin is at 18, indicating a lack of strong trend establishment and leaving the market vulnerable to external shocks [8] - The Relative Strength Index (RSI) for Bitcoin is around 50, reflecting a balanced market, while the Squeeze Momentum Indicator has flipped bearish, suggesting a wait-and-see environment [10][11] Sentiment and Predictions - Prediction market data shows a 74% expectation of further declines in Bitcoin's price before the next trading session, with traders split on the next direction [11][12] - Myriad traders have placed 53% odds on Bitcoin moving towards $125,000 and 47% on a dip back to $105,000, indicating mixed sentiment [12] Cardano (ADA) Analysis - Cardano is currently trading just above $0.80, down approximately 1% today, and is 74% off its all-time high of $3.09 [13] - The 50-day EMA is above the 200-day EMA, indicating a long-term bullish structure, but short-term momentum is soft, with a potential "death cross" looming [15][16] - The RSI for ADA is at 40, suggesting bearish-to-neutral territory, while the ADX at 22 indicates a lack of decisive trend [17] Dogecoin (DOGE) Analysis - Dogecoin has fallen 3.3% to $0.227, testing critical support levels, with immediate support at $0.227 and resistance at $0.236 [19][26] - The 50-day EMA is above the 200-day EMA, indicating a constructive longer-term setup, but near-term weakness is evident [21] - Despite current challenges, there is optimism regarding a potential Dogecoin ETF approval by year-end, which could attract institutional investment [23][24]
RSI Alert: Franklin Resources Now Oversold
Forbes· 2025-09-30 16:00
Core Insights - Franklin Resources is currently ranked in the top 10% of dividend stocks, indicating strong fundamentals and attractive valuation for investors [1] - The stock has recently entered oversold territory with a Relative Strength Index (RSI) of 26.1, suggesting potential buying opportunities [2][3] - The annualized dividend of $1.28 per share translates to a yield of 5.48% based on the recent share price of $23.37, making it appealing for dividend investors [3] Group 1 - Franklin Resources' shares traded as low as $22.855, indicating a significant drop in price [2] - The average RSI for the universe of dividend stocks is 47.8, highlighting that Franklin Resources is underperforming relative to its peers [3] - The recent heavy selling may be exhausting, presenting a potential entry point for bullish investors [4] Group 2 - Investors should examine Franklin Resources' dividend history to assess the likelihood of continued dividend payments [4]
Down 13.7% in 4 Weeks, Here's Why You Should You Buy the Dip in Deckers (DECK)
ZACKS· 2025-09-30 14:35
Deckers (DECK) has been beaten down lately with too much selling pressure. While the stock has lost 13.7% 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 ...