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Analyst sets date when Meta stock will hit $770
Finbold· 2025-06-04 14:42
Technical indicators suggest Meta Platforms (NASDAQ: META) stock could hit $770 in the coming weeks.To reach this level, the stock would need to rally about 13% from its current price of around $680. This bullish outlook follows Meta’s impressive run in recent weeks, with shares gaining nearly 15% over the past month.META one-month stock price chart. Source: FinboldMeta’s path to $770From a technical standpoint, analysis by TradingShot indicated that Meta has flashed its strongest short-term bullish signal ...
Gauzy Ltd. (GAUZ) Loses 19.7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-06-04 14:36
Core Viewpoint - Gauzy Ltd. (GAUZ) has experienced a significant downtrend, with a 19.7% 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: Stock Performance and Technical Indicators - The stock is currently in oversold territory, indicated by an RSI reading of 25.57, which suggests that the heavy selling pressure may be exhausting itself [5]. - A stock is generally considered oversold when its RSI falls below 30, making it a useful indicator for identifying potential entry points for investors [2][3]. Group 2: Earnings Estimates and Analyst Consensus - Over the last 30 days, the consensus EPS estimate for GAUZ has increased by 12.4%, indicating strong agreement among analysts regarding improved earnings for the current year [7]. - The upward trend in earnings estimate revisions typically correlates with price appreciation in the near term, further supporting the potential for a stock rebound [7]. Group 3: Zacks Rank and Investment Potential - GAUZ currently 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, which is a strong indicator of its potential for a turnaround [8].
Down 54.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Omeros (OMER)
ZACKS· 2025-06-03 14:36
Group 1 - Omeros (OMER) has experienced a significant decline of 54.8% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for OMER is currently at 24.55, 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 OMER will report better earnings than previously predicted, with a 6.9% increase in the consensus EPS estimate over the last 30 days [7] Group 2 - OMER 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 36.7% in 4 Weeks, Here's Why Summit Therapeutics (SMMT) Looks Ripe for a Turnaround
ZACKS· 2025-06-03 14:36
A downtrend has been apparent in Summit Therapeutics PLC (SMMT) lately with too much selling pressure. The stock has declined 36.7% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical ind ...
Criteo (CRTO) Loses 13.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-06-02 14:36
A downtrend has been apparent in Criteo S.A. (CRTO) lately with too much selling pressure. The stock has declined 13.6% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spo ...
UnitedHealth stock triggers strongest bullish signal in over 15 years
Finbold· 2025-05-27 08:39
Core Insights - UnitedHealth (NYSE: UNH) has experienced a significant decline in stock price, dropping nearly 30% from approximately $600 in early April to $295, marking a plunge into deeply oversold territory with a Relative Strength Index (RSI) of 27.78, a level not seen since the 2008 financial crisis [1][2][5] Group 1: Stock Performance and Technical Indicators - The RSI below 30 indicates that UNH is oversold and may be poised for a rebound, as seen in previous instances when the stock hit similar levels [2] - The stock has found some stability after an insider initiative to purchase a large number of shares, which has helped boost investor confidence [7] Group 2: Leadership and Regulatory Challenges - The troubles for UNH began with the abrupt resignation of CEO Andrew Witty on May 13, leading to the suspension of the company's 2025 financial outlook due to rising medical costs and increased demand for care [5][6] - Stephen Hemsley, former CEO, has returned to stabilize the company, expressing disappointment in recent performance but maintaining confidence in long-term growth [6] Group 3: Analyst Ratings and Market Sentiment - Truist has cut UnitedHealth's price target from $580 to $360 while maintaining a "Buy" rating, citing suspended guidance and leadership changes as key factors [7] - TD Cowen downgraded UNH to "Hold," reducing its target from $520 to $308, attributing this to coding pressures, regulatory changes, and ongoing investigations [8]
Down 18.4% in 4 Weeks, Here's Why You Should You Buy the Dip in P3 Health Partners (PIII)
ZACKS· 2025-05-26 14:35
Core Viewpoint - P3 Health Partners Inc. (PIII) is experiencing significant selling pressure, having declined 18.4% over the past four weeks, but is now positioned for a potential trend reversal as it is in oversold territory and analysts expect better earnings than previously predicted [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) is a key indicator used to determine if a stock is oversold, with a reading below 30 typically indicating this condition [2]. - PIII's current RSI reading is 23.11, 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 PIII have increased by 7.8% over the last 30 days, which often correlates with price appreciation [7]. - PIII 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].
Oxford Square Capital (OXSQ) Loses 7.5% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-05-26 14:35
Oxford Square Capital Corp. (OXSQ) has been on a downward spiral lately with significant selling pressure. After declining 7.5% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spottin ...
After Plunging 10.87% in 4 Weeks, Here's Why the Trend Might Reverse for Cervecerias Unidas (CCU)
ZACKS· 2025-05-23 14:35
Group 1 - Cervecerias Unidas (CCU) has experienced significant selling pressure, resulting in a 10.9% 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 CCU is currently at 27.06, indicating that the stock may be nearing a reversal point due to excessive selling [5] - Analysts have raised earnings estimates for CCU by 12.9% over the last 30 days, suggesting a positive outlook for the company's earnings and potential price appreciation [7] Group 2 - CCU holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which indicates a strong potential for a turnaround in the near term [8]
Snowflake Melts Resistance: Can Q1 Earnings Spark A Fresh Flurry Of Gains?
Benzinga· 2025-05-21 18:30
Snowflake Inc. SNOW is skating into its first quarter earnings report with momentum on its side and charts flashing bright. The company is set to report after market hours today, with Wall Street expecting earnings per share of 21 cents and $1.01 billion in revenue.The stock is up 10.84% over the past year, down 14.50% year-to-date, but it has caught fire lately – rallying 31.64% in just the past month. Let's dig into what the charts are signaling ahead of the print, and how analysts see things playing out. ...