Relative Strength Index (RSI)
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Down 24.3% in 4 Weeks, Here's Why You Should You Buy the Dip in Quanterix (QTRX)
ZACKS· 2025-08-12 14:35
Core Viewpoint - Quanterix Corporation (QTRX) has experienced a significant decline of 24.3% in its stock price 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 determine if a stock is oversold, with a reading below 30 typically indicating this condition [2]. - QTRX's current RSI reading is 28.07, indicating that the heavy selling pressure may be exhausting itself, which could lead to a reversal in the stock's trend [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts regarding an increase in earnings estimates for QTRX, with the consensus EPS estimate rising by 23.3% 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 turnaround [7]. Group 3: Analyst Ratings - QTRX 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].
Down 27.0% in 4 Weeks, Here's Why You Should You Buy the Dip in Torrid Holdings (CURV)
ZACKS· 2025-08-12 14:35
Core Viewpoint - Torrid Holdings (CURV) has experienced a significant downtrend, with a 27% 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]. - CURV's current RSI reading is 28.87, suggesting that the heavy selling pressure may be exhausting, indicating a possible bounce back towards previous supply and demand equilibrium [5]. Group 2: Fundamental Analysis - Analysts have shown strong consensus in raising CURV's earnings estimates, with a 5.9% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - CURV 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 30.9% in 4 Weeks, Here's Why the Trend Might Reverse for Sprout Social (SPT)
ZACKS· 2025-08-12 14:35
Group 1 - Sprout Social (SPT) has experienced significant selling pressure, resulting in a 30.9% decline over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The Relative Strength Index (RSI) for SPT is currently at 15.45, indicating that the stock may be oversold and could be poised for a rebound as selling pressure exhausts [5] - Over the last 30 days, the consensus EPS estimate for SPT has increased by 0.3%, suggesting a positive trend in earnings estimates that typically leads to price appreciation [7] Group 2 - SPT 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]
Sun Life (SLF) Loses 9.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-08-12 14:35
Core Viewpoint - Sun Life (SLF) has experienced a significant decline of 9.4% over the past four weeks, but it is now in oversold territory, indicating a potential for a trend reversal as analysts expect better earnings than previously predicted [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that measures price movement speed and change, with readings below 30 indicating that a stock is oversold [2]. - SLF's current RSI reading is 27.38, suggesting that the heavy selling pressure may be exhausting, 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 Indicators - There is a strong consensus among sell-side analysts that SLF's earnings estimates for the current year have increased by 0.8% over the last 30 days, which typically correlates with price appreciation [7]. - SLF 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].
After Plunging 30.5% in 4 Weeks, Here's Why the Trend Might Reverse for Personalis (PSNL)
ZACKS· 2025-08-12 14:35
Core Viewpoint - Personalis (PSNL) has experienced a significant decline of 30.5% over the past four weeks, but it is now in oversold territory, indicating a potential for a trend reversal as analysts expect better earnings than previously predicted [1] Group 1: Technical Indicators - 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] - PSNL has an RSI reading of 24.07, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [5] Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts that earnings estimates for PSNL have increased by 0.5% over the last 30 days, which typically correlates with price appreciation [7] - PSNL 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]
Down 17.6% in 4 Weeks, Here's Why You Should You Buy the Dip in CF (CF)
ZACKS· 2025-08-11 14:55
Core Viewpoint - CF Industries (CF) has experienced a significant downtrend, with a stock decline of 17.6% 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]. - CF's current RSI reading is 28.91, 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 CF's earnings estimates for the current year are being revised upward, with a 4.2% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [6]. - CF 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, further supporting the potential for a near-term turnaround [7].
Down 6.2% in 4 Weeks, Here's Why Disney (DIS) Looks Ripe for a Turnaround
ZACKS· 2025-08-11 14:55
Core Viewpoint - Walt Disney (DIS) is experiencing significant selling pressure, with a 6.2% decline over the past four weeks, but is positioned for a potential trend reversal as it enters oversold territory, supported by analysts predicting better earnings than previously expected [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] - DIS has an RSI reading of 27.44, suggesting that the heavy selling may be exhausting itself, indicating a possible bounce back towards equilibrium in supply and demand [5] Fundamental Indicators - There is a strong consensus among sell-side analysts that DIS will see an increase in earnings estimates, with a 1.9% rise in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [6] - DIS 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 [7]
Down 22.3% in 4 Weeks, Here's Why Rapid7 (RPD) Looks Ripe for a Turnaround
ZACKS· 2025-08-11 14:55
Core Viewpoint - Rapid7 (RPD) has experienced significant selling pressure, resulting in a 22.3% 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 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] - RPD's current RSI reading is 18.72, suggesting that the heavy selling may be exhausting itself and a trend reversal could be imminent [5] Group 2: Fundamental Analysis - There is a strong consensus among sell-side analysts to raise earnings estimates for RPD, with a 2.6% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [6] - RPD 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]
After Plunging 26% in 4 Weeks, Here's Why the Trend Might Reverse for Sprout Social (SPT)
ZACKS· 2025-08-11 14:55
Core Viewpoint - Sprout Social (SPT) has experienced a significant downtrend, with a 26.1% 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 Analysis - 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] - SPT's current RSI reading is 16.23, indicating that 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] Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts regarding SPT's earnings potential, with a 0.3% increase in the consensus EPS estimate over the last 30 days, suggesting that upward revisions in earnings estimates often correlate with price appreciation [6] - SPT 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 [7]
Ingredion (INGR) Loses 7.0% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-08-11 14:55
Core Viewpoint - Ingredion (INGR) has experienced significant selling pressure, resulting in a 7% 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 key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating a stock is oversold [2] - INGR's current RSI reading of 26.82 suggests that the heavy selling may be exhausting, indicating a potential bounce back towards equilibrium in supply and demand [5] Group 2: Fundamental Indicators - There is a consensus among sell-side analysts that earnings estimates for INGR have increased by 0.5% over the last 30 days, which often correlates with price appreciation in the near term [6] - INGR 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 [7]