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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
On the weekly and monthly Relative Strength Index (RSI) charts, UNH has fallen to a level not seen since the 2008 financial crisis, with the metric reading at 27.78. Importantly, an RSI below 30 often signals a stock is oversold and poised for a bounce. The last time UNH hit this level, it rebounded sharply. After weeks of steep losses driven by leadership changes and regulatory pressures, UNH has dropped from about $600 in early April to $295, marking a nearly 30% decline in just a month. As a result, this ...
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
P3 Health Partners Inc. (PIII) has been on a downward spiral lately with significant selling pressure. After declining 18.4% 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 spotting w ...
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. ...
After Plunging -15.69% in 4 Weeks, Here's Why the Trend Might Reverse for Inogen (INGN)
ZACKS· 2025-05-16 14:35
Inogen (INGN) has been on a downward spiral lately with significant selling pressure. After declining 15.7% 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 spotting whether a stock is ...
Down -29.72% in 4 Weeks, Here's Why Surrozen (SRZN) Looks Ripe for a Turnaround
ZACKS· 2025-05-16 14:35
Surrozen, Inc. (SRZN) has been beaten down lately with too much selling pressure. While the stock has lost 29.7% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator th ...
3 Reasons US Equities May Be Short-Term Overheated
ZACKS· 2025-05-15 14:50
2025 has been anything but uneventful. Stocks began correcting early in the year when China’s “DeepSeek” AI platform upended the bull thesis and brought “Mag 7” valuations back to Earth. Then, President Trump’s “Liberation Day” led to washout selling even where the major indices briefly went into “bear market territory.” Since then, trade deals have begun to trickle in, and most importantly, tensions between the US and China have thawed. Though bulls are in control of the primary trend, US equities may be d ...
Allogene Therapeutics (ALLO) Loses -31.94% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-05-15 14:36
Core Viewpoint - Allogene Therapeutics (ALLO) has experienced a significant decline of 31.9% 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: Stock Performance and Technical Indicators - ALLO's stock has been under heavy selling pressure, leading to an RSI reading of 25.87, indicating it is oversold [5]. - The Relative Strength Index (RSI) is a momentum oscillator that helps identify oversold conditions when the reading falls below 30 [2]. - Stocks oscillate between overbought and oversold states, and an oversold condition may present entry opportunities for investors anticipating a rebound [3]. Group 2: Analyst Sentiment and Earnings Estimates - There is a strong consensus among sell-side analysts to raise earnings estimates for ALLO, resulting in a 0.4% increase in the consensus EPS estimate over the last 30 days [7]. - An upward trend in earnings estimate revisions typically correlates with price appreciation in the near term [7]. - ALLO 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].