Group 1 - Marex Group PLC (MRX) has experienced a significant decline of 10.8% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for MRX is currently at 29.38, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [5] - There is a strong consensus among Wall Street analysts that MRX will report better earnings than previously predicted, with a 5.2% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - MRX 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]

Group 1 - Accel Entertainment (ACEL) has experienced a significant downtrend, with a stock decline of 14.2% over the past four weeks, but it is now in oversold territory, indicating a potential for a turnaround [1] - The Relative Strength Index (RSI) for ACEL is currently at 25.84, suggesting that the heavy selling pressure may be exhausting itself, which could lead to a reversal in the stock's trend [5] - Analysts have raised earnings estimates for ACEL by 2% over the last 30 days, indicating a positive outlook for the company's earnings, which typically correlates with price appreciation [7] Group 2 - ACEL 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 - Nomad Foods (NOMD) has experienced significant selling pressure, resulting in a 10.7% 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 utilized to determine if NOMD is oversold, with a reading of 27.07 suggesting that heavy selling may be exhausting, leading to 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 Analysis - There is a consensus among sell-side analysts that earnings estimates for NOMD have increased by 2.9% over the last 30 days, which typically correlates with price appreciation [7]. - NOMD 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 - Light & Wonder (LNW) has experienced a significant downtrend, with an 11.6% 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]. - LNW's current RSI reading is 26.89, 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 - Analysts covering LNW have shown strong consensus in raising earnings estimates, with a 2.8% increase in the consensus EPS estimate over the last 30 days, which often correlates with near-term price appreciation [7]. - LNW 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].

Group 1 - Fidelity National Information Services (FIS) has experienced a significant decline of 9.6% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for FIS is currently at 26.2, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [5] - There is strong consensus among Wall Street analysts that FIS will report better earnings than previously predicted, with a 0.3% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - FIS 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]

Group 1 - TransDigm Group (TDG) has experienced significant selling pressure, resulting in a 7.4% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The Relative Strength Index (RSI) for TDG is currently at 29.92, 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 TDG has increased by 0.3%, suggesting a positive trend in earnings estimates that typically correlates with price appreciation [7] Group 2 - TDG 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]

Core Viewpoint - Alkami Technology (ALKT) has experienced significant selling pressure, resulting in a 28.6% 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 a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating that a stock is oversold [2] - ALKT's current RSI reading is 27.5, suggesting that the heavy selling may be nearing exhaustion, potentially leading to a price rebound [5] - The RSI helps investors identify entry opportunities when a stock is undervalued due to excessive selling pressure [3] Group 2: Fundamental Analysis - There has been a strong consensus among sell-side analysts to raise earnings estimates for ALKT, with a 15.8% 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 [7] - ALKT 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 strong potential for a turnaround [8]

Core Viewpoint - Ingredion (INGR) has experienced significant selling pressure, declining 7.6% 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] - INGR's RSI reading is currently at 24.93, suggesting that the heavy selling may be exhausting itself and a trend reversal could occur soon [5] Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that earnings estimates for INGR have increased by 0.5% over the last 30 days, indicating a potential for price appreciation in the near term [7] - 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 turnaround [8]

Group 1 - Dollar Tree Inc (NASDAQ:DLTR) stock reached a record high of $116.51 after Bernstein raised its price target to $109 from $86, despite a year-to-date gain of 54.5% [1] - The stock is entering a historically bearish period, with a monthly average loss of 8.2% in August over the past 10 years, finishing lower 80% of the time [2] - The stock's 14-Day Relative Strength Index (RSI) is at 72, indicating it is in "overbought" territory [3] Group 2 - Options trading is considered intriguing due to the stock's Schaeffer's Volatility Index (VIX) of 27%, which is in the bottom percentile of its annual range, suggesting low volatility expectations [5]

However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal. So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start look ...