A downtrend has been apparent in Gladstone Capital (GLAD) lately with too much selling pressure. The stock has declined 12.2% 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.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is over ...

Core Viewpoint - Q2 Holdings (QTWO) has experienced a significant decline of 18.2% 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 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]. - QTWO's current RSI reading is 27.43, 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 QTWO's earnings estimates, with a 5.1% increase in the consensus EPS estimate over the last 30 days, suggesting potential price appreciation [7]. - QTWO 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 indicating a potential turnaround [8].

Market Sentiment - The crypto market is experiencing extreme fear, with the Crypto Fear and Greed Index at 8 points, just above the all-time low of 5 [1] - Despite the panic, the global crypto market cap increased by 4.3% to $2.36 trillion, although approximately $2 trillion has been lost in recent weeks [1] Bitcoin Predictions - Traders on Myriad are pricing in a 55% chance that Bitcoin will reach $55,000 before recovering to $84,000, indicating a lack of confidence [2] - Standard Chartered has reduced its Bitcoin price target from $300,000 to the $100,000 range, cautioning that it could drop to $50,000 first [2] Economic Indicators - Today's Consumer Price Index (CPI) data release is critical, with analysts expecting inflation at 2.5% year-over-year; a high reading could push Bitcoin towards $60,000, while a lower one may provide some relief for bulls [3] Bitcoin Price Movement - Bitcoin's price rose from $68,248 to an intraday high of $69,450, settling around $69,321, reflecting a 3.69% increase in 24 hours, but the overall trend appears weak [4] Trend Analysis - The Average Directional Index (ADX) is at 51.3, indicating a strong bearish trend; readings above 50 suggest conviction in the trend [5] - The Relative Strength Index (RSI) is at 35.0, indicating bearish momentum; traders typically wait for the RSI to exceed 50 for a momentum shift [6] - The 50-day Exponential Moving Average (EMA) is below the 200-day EMA, indicating a classic bearish setup, suggesting that recent price action is weaker than the broader trend [7]

Core Viewpoint - Hamilton Lane (HLNE) has experienced a significant decline of 20% over the past four weeks, but it is now positioned for a potential trend reversal as it is in oversold territory, supported by analyst expectations of better-than-expected earnings [1]. Group 1: Technical Indicators - 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]. - HLNE's current RSI reading is 29.69, suggesting that the heavy selling pressure 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 HLNE's earnings estimates for the current year have increased by 15.4% over the last 30 days, indicating a positive outlook for the stock [7]. - HLNE 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 [8].

Core Viewpoint - Cousins Properties (CUZ) has experienced a significant decline of 19% over the past four weeks, but it 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 indicates whether a stock is oversold, with readings below 30 typically signaling this condition [2]. - CUZ has an RSI reading of 22.72, suggesting that the heavy selling pressure may be exhausting, indicating a potential bounce back towards equilibrium in supply and demand [5]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that earnings estimates for CUZ will improve, leading to a 0.3% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - CUZ 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 - Adtalem Global Education (ATGE) is experiencing significant selling pressure, with a 20.9% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst expectations of better-than-previously predicted earnings [1]. Group 1: Technical Indicators - 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]. - ATGE's current RSI reading is 29.18, suggesting that the heavy selling pressure may be exhausting itself, indicating a potential trend reversal [5]. Group 2: Fundamental Analysis - Analysts have shown strong agreement in raising earnings estimates for ATGE, with a 0.6% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - ATGE 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 [8].

Core Viewpoint - Waters (WAT) has experienced significant selling pressure, resulting in a 19% 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 WAT is oversold, with a current RSI reading of 23.31 suggesting that selling pressure may be exhausting, indicating a possible price rebound [2][5]. - RSI is a momentum oscillator that ranges from 0 to 100, with readings below 30 typically indicating an oversold condition [2]. - Stocks oscillate between overbought and oversold states, and RSI helps identify potential reversal points, making it a useful tool for investors seeking entry opportunities [3]. Group 2: Fundamental Analysis - Analysts have raised earnings estimates for WAT by 1.1% over the last 30 days, reflecting a strong consensus among sell-side analysts, which often leads to price appreciation [7]. - WAT 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, further supporting the potential for a near-term turnaround [8].

Core Viewpoint - Health Catalyst (HCAT) has experienced a significant downtrend, with a 21.4% decline over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to analysts' positive earnings outlook [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]. - HCAT's current RSI reading is 28.93, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound [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 HCAT have raised earnings estimates for the current year, resulting in a 128.1% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - HCAT 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].

Core Viewpoint - SS&C Technologies (SSNC) has faced significant selling pressure, resulting in a 15.3% decline in stock price over the past four weeks, but analysts anticipate improved earnings in the near future [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) for SSNC is currently at 26.86, indicating that the stock may be oversold and could be poised for a rebound as selling pressure exhausts [5]. - RSI is a momentum oscillator that helps identify whether a stock is overbought or oversold, with readings below 30 typically indicating an oversold condition [2][3]. Group 2: Fundamental Indicators - Analysts have raised their earnings estimates for SSNC by 2.7% over the last 30 days, suggesting a positive trend that often correlates with price appreciation [7]. - SSNC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, indicating strong potential for a turnaround [8].

Core Viewpoint - KORU Medical Systems, Inc. (KRMD) is experiencing significant selling pressure, with an 18.1% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst expectations of better earnings than previously predicted [1]. Group 1: Technical Indicators - 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]. - KRMD's current RSI reading is 28.55, 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 KRMD have increased by 50% over the last 30 days, which often correlates with price appreciation in the near term [7]. - KRMD 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 [8].