Crypto's having a terrible, horrible, no good, very bad month, and it could get worse before it gets better, experts said. Cryptocurrencies have cratered this month, losing more than $1 trillion in value in recent weeks. Bitcoin's dropped to the lowest level since April and is on track for its worst month since 2022. It's down more than 33% from its all-time high above $126,000 in early October, which officially pushes the digital unit into bear market territory defined as at least 20% lower than the recor ...

Core Viewpoint - Calix (CALX) has experienced significant selling pressure, resulting in an 11.3% 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 utilized to determine if CALX is oversold, with a current reading of 28.02 indicating potential for a price reversal [2][5] - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify when a stock may be undervalued due to excessive selling [3] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for CALX significantly, with a 231.4% increase in the consensus EPS estimate over the last 30 days, suggesting potential price appreciation [7] - CALX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, indicating strong potential for a turnaround [8]

Core Viewpoint - Telefonica (TEF) has experienced a significant downtrend, with a 22% decline in stock price 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 Analysis - 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]. - TEF's current RSI reading is 27.29, indicating that the heavy selling pressure may be exhausting itself, which could lead to a trend reversal [5]. Group 2: Fundamental Analysis - Analysts have shown strong consensus in raising earnings estimates for TEF, with a 17.7% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - TEF 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].

Core Viewpoint - ScanSource (SCSC) has experienced significant selling pressure, declining 12% 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]. - SCSC's current RSI reading is 29.82, suggesting that the heavy selling pressure may be exhausting itself, indicating a potential trend reversal [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts that earnings estimates for SCSC have increased by 3.9% over the last 30 days, which typically correlates with price appreciation in the near term [7]. - SCSC 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].

Core Viewpoint - StoneCo Ltd. (STNE) has experienced a significant downtrend, with a 22.3% decline in stock price 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 Analysis - 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]. - STNE's current RSI reading is 25.65, indicating that the heavy selling pressure may be exhausting itself, suggesting a possible reversal in the stock's trend [5]. Group 2: Fundamental Analysis - Analysts have shown strong agreement in raising earnings estimates for STNE, with a 1% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - STNE 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].

Core Viewpoint - Palo Alto Networks (PANW) is experiencing significant selling pressure, with a 13.9% 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 earnings than previously predicted [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to determine if PANW is oversold, with a current reading of 25.03, indicating that the stock may soon reverse its downward trend [2][5]. - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify potential price reversals, suggesting that unwarranted selling may present entry opportunities for investors [3]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that earnings estimates for PANW will improve, with a 0.3% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - PANW 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].

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Microsoft presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. 10 Oversold Dividend Stocks »But making Micr ...

Core Viewpoint - Tencent Music Entertainment Group (TME) has experienced a significant decline of 17.5% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal supported by analyst consensus for better earnings than previously predicted [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] - TME's current RSI reading is 26.72, suggesting that the heavy selling pressure may be exhausting, and a trend reversal could occur soon [5] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for TME, with a 1.2% increase in the consensus EPS estimate over the last 30 days, indicating potential price appreciation in the near term [6] - TME 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 [7]

Semiconductor stock Broadcom Inc (NASDAQ:AVGO) has pulled back from its Oct. 29 record high of $386.48, last seen trading at $346.70. The stock is outperforming with a 50% year-to-date lead, however more gains could be imminent, as the 80-day moving average swoops in as historically bullish support. Per Schaeffer's Senior Quantitative Analyst Rocky White, the equity is now within 0.75 of the 80-day moving average's 20-day average true range (ATR) after remaining above it during the last 20 trading days and ...

Core Viewpoint - WisdomTree, Inc. (WT) is experiencing significant selling pressure, with a 13.3% 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] - WT's current RSI reading is 29.57, suggesting that heavy selling may be exhausting itself, indicating a potential bounce back towards equilibrium in supply and demand [5] Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts that earnings estimates for WT have increased by 4.3% over the last 30 days, which often correlates with price appreciation in the near term [7] - WT 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]