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International Business Machines Is Oversold
Forbes· 2025-08-21 15:55
Group 1 - The DividendRank formula ranks International Business Machines (IBM) among the top 50% of dividend stocks, indicating strong fundamentals and attractive valuation for investors [1] - IBM shares entered oversold territory with a Relative Strength Index (RSI) reading of 29.7, below the threshold of 30, suggesting potential buying opportunities [2][3] - The average RSI for the dividend stock universe is 52.5, highlighting IBM's relative weakness in momentum compared to peers [3] Group 2 - IBM's recent annualized dividend is $6.72 per share, translating to an annual yield of 2.77% based on a share price of $242.55 [3] - The heavy selling of IBM shares may be exhausting, presenting a potential entry point for bullish investors [4] - Investors are encouraged to review IBM's dividend history to assess the likelihood of continued dividend payments [4]
Down 23.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Array Digital (AD)
ZACKS· 2025-08-21 14:36
Group 1 - The stock of Array Digital Infrastructure (AD) has experienced a significant decline of 23.9% over the past four weeks due to excessive selling pressure, but it is now in oversold territory, indicating a potential for a turnaround [1] - The Relative Strength Index (RSI) for AD is currently at 19.66, suggesting that the heavy selling may be exhausting itself, which could lead to a price rebound as the stock seeks to return to its previous equilibrium of supply and demand [5] - There is a strong consensus among sell-side analysts regarding an increase in earnings estimates for AD, with a notable 72.1% rise in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation in the near term [7] Group 2 - AD holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on trends in earnings estimate revisions and EPS surprises, further supporting the potential for a near-term turnaround [8]
Surf Air Mobility Inc. (SRFM) Loses 16.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-08-21 14:36
Group 1 - Surf Air Mobility Inc. (SRFM) has experienced significant selling pressure, resulting in a 16.6% decline in stock price over the past four weeks, but it is now considered to be in oversold territory with potential for recovery [1] - The Relative Strength Index (RSI) for SRFM is currently at 29.47, indicating that the heavy selling may be exhausting itself, suggesting a possible bounce back towards equilibrium [5] - Analysts have raised earnings estimates for SRFM by 15.9% over the last 30 days, which typically correlates with price appreciation in the near term [7] Group 2 - SRFM 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 [8]
Potential Tailwinds Blowing For This Aerospace Stock
Forbes· 2025-08-20 19:50
Core Viewpoint - Rocket Lab Corp (RKLB) has experienced a decline since reaching a record high of $53.44 on July 17, but recent indicators suggest a potential short-term rebound for the stock [1]. Group 1: Stock Performance Indicators - RKLB is currently within 0.75 of the 50-day trendline's 20-day average true range (ATR), having spent at least 80% of the last 10 days and two months above this level [2]. - Historical data shows that similar signals have led to a 67% chance of the stock being higher one month later, with an average gain of 13.9% [2]. - A potential move from the current price of $40.16 to $45.74 would bring it closer to its recent peak [2]. Group 2: Technical Analysis - The 14-day relative strength index (RSI) for RKLB is at 19.98, indicating it is in "oversold" territory, which typically precedes a short-term bounce [5]. - Short interest in RKLB represents 11.3% of the stock's available float, suggesting significant potential for short covering [5]. Group 3: Options Market Sentiment - An increase in pessimism among options traders is noted, with a 10-day put/call volume ratio of 0.98, ranking higher than 98% of readings from the past year [6]. - While call options are still more prevalent, the rate of put trading has increased significantly, indicating a shift in market sentiment [6].
Down 31.9% in 4 Weeks, Here's Why Enovix Corporation (ENVX) Looks Ripe for a Turnaround
ZACKS· 2025-08-20 14:36
Core Viewpoint - Enovix Corporation (ENVX) has experienced a significant downtrend, with a 31.9% 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 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]. - ENVX's current RSI reading is 29.74, suggesting that the heavy selling pressure may be exhausting, indicating a possible 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 - Analysts covering ENVX have raised their earnings estimates for the current year, resulting in a 9.2% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - ENVX 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].
After Plunging 28% in 4 Weeks, Here's Why the Trend Might Reverse for Sagimet Biosciences Inc. (SGMT)
ZACKS· 2025-08-20 14:36
Group 1 - Sagimet Biosciences Inc. (SGMT) has experienced a significant decline of 28% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for SGMT is currently at 29.42, suggesting that the heavy selling pressure may be exhausting itself [5] - There is a strong consensus among Wall Street analysts that SGMT will report better earnings than previously predicted, with a 13.2% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - SGMT 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 [8]
Down 23.3% in 4 Weeks, Here's Why Freightcar America (RAIL) Looks Ripe for a Turnaround
ZACKS· 2025-08-19 14:36
Core Viewpoint - Freightcar America (RAIL) has experienced a significant downtrend, with a 23.3% 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 Indicators - The Relative Strength Index (RSI) is a key technical indicator used to determine if a stock is oversold, with a reading below 30 indicating oversold conditions [2]. - RAIL's current RSI reading is 27.16, indicating that the heavy selling pressure may be exhausting, and a price reversal could be imminent [5]. - 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 RAIL have raised their earnings estimates for the current year, resulting in a 26.6% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - RAIL 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 strong potential for a near-term turnaround [8].
Down 17.7% in 4 Weeks, Here's Why Spero Therapeutics (SPRO) Looks Ripe for a Turnaround
ZACKS· 2025-08-19 14:36
Core Viewpoint - Spero Therapeutics, Inc. (SPRO) has experienced a significant downtrend with a 17.7% 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]. - SPRO's current RSI reading is 27.97, 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 Indicators - There is a strong consensus among sell-side analysts regarding SPRO, with earnings estimates for the current year being raised by 44.8% over the last 30 days, suggesting a positive outlook for price appreciation [7]. - SPRO 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 35.3% in 4 Weeks, Here's Why PSQ Holdings, Inc. (PSQH) Looks Ripe for a Turnaround
ZACKS· 2025-08-18 14:36
Core Viewpoint - PSQ Holdings, Inc. (PSQH) has experienced significant selling pressure, resulting in a 35.3% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted, indicating potential for recovery [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to determine if a stock is oversold, with a reading below 30 typically indicating this condition [2]. - PSQH's current RSI reading is 24.43, suggesting that the heavy selling may be exhausting itself and a price reversal could be imminent [5]. - RSI serves as a momentum oscillator that helps identify potential points of price reversal, allowing investors to seek entry opportunities when a stock is undervalued due to excessive selling [3]. Group 2: Fundamental Indicators - There has been a strong consensus among sell-side analysts to raise earnings estimates for PSQH, leading to a 26% increase in the consensus EPS estimate over the last 30 days [7]. - An upward trend in earnings estimate revisions is generally associated with price appreciation in the near term, supporting the case for a potential rebound in PSQH's stock price [7]. - PSQH 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 favorable outlook for the stock [8].
Down 22.9% in 4 Weeks, Here's Why Xperi (XPER) Looks Ripe for a Turnaround
ZACKS· 2025-08-18 14:36
Group 1 - Xperi (XPER) has experienced a significant decline of 22.9% over the past four weeks, but it is now in oversold territory, indicating a potential for a trend reversal [1] - The Relative Strength Index (RSI) for XPER is currently at 29.82, suggesting that the heavy selling pressure may be exhausting, which could lead to a rebound [5] - There is a strong consensus among sell-side analysts that XPER will report better earnings than previously predicted, with a 119% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - XPER 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 [8]