Relative Strength Index (RSI)
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BitMine (BMNR) Stock Jumps 15% But Misses Critical Recovery Signal By Inches
Yahoo Finance· 2025-11-25 14:00
Core Viewpoint - BitMine Immersion Technologies has experienced significant volatility, with a 42% decline in share price since January, but a recent acquisition of 69,822 ETH has sparked optimism among investors, leading to a temporary 15% increase in stock price [1][2]. Group 1: Company Performance - The recent purchase of 69,822 ETH represents approximately 3% of Ethereum's total circulating supply, indicating a strong signal of confidence from BitMine [2]. - Despite the positive impact of the ETH acquisition, the stock remains down nearly 42% for the month, with the current trading price at $31.10, just above the critical support level of $30.88 [5]. - A sustained bullish momentum could see BMNR rise towards the resistance level of $34.94, with potential further gains if investor confidence strengthens [6]. Group 2: Market Indicators - The relative strength index (RSI) has shown a sharp uptick following the ETH acquisition, moving out of oversold territory, which typically precedes trend reversals [2]. - However, the RSI alone does not confirm a sustained bullish shift; consistent buying pressure is necessary for a full recovery [3]. - If the company fails to capitalize on the excitement from the ETH purchase, it risks losing the $30.88 support, which could lead to further declines to $27.80 or $24.64 [7].
NETGEAR (NTGR) Loses 24.3% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-11-24 15:35
Core Viewpoint - NETGEAR, Inc. (NTGR) is experiencing significant selling pressure, having declined 24.3% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, with analysts predicting better earnings than previously expected [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] - NTGR's current RSI reading is 29.64, suggesting that heavy selling may be exhausting itself, indicating a potential bounce back towards equilibrium in supply and demand [5] Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts to raise earnings estimates for NTGR, with the consensus EPS estimate increasing by 57.6% over the last 30 days, which often correlates with near-term price appreciation [7] - NTGR 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 [8]
Here's Why Jacobs Solutions (J) is Poised for a Turnaround After Losing 19.3% in 4 Weeks
ZACKS· 2025-11-24 15:35
Group 1 - Jacobs Solutions (J) has experienced significant selling pressure, resulting in a 19.3% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The Relative Strength Index (RSI) for Jacobs Solutions is currently at 19.3, indicating that the stock is in oversold territory, which may signal a potential reversal in trend [5][2] - A consensus among sell-side analysts has led to a 1.8% increase in the earnings per share (EPS) estimate for Jacobs Solutions over the last 30 days, suggesting a positive outlook for price appreciation [7] Group 2 - Jacobs Solutions holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, indicating a strong potential for a turnaround in the near term [8]
Top 2 Utilities Stocks That May Fall Off A Cliff This Quarter - New Jersey Resources (NYSE:NJR), Paranovus Entertainment (NASDAQ:PAVS)
Benzinga· 2025-11-24 13:10
Core Insights - Two stocks in the utilities sector are signaling potential warnings for momentum-focused investors as of November 24, 2025 [1] Company Performance - UGI Corp reported better-than-expected fourth-quarter adjusted EPS results, with a record adjusted earnings per share that exceeded revised guidance [7] - UGI's stock gained approximately 12% over the past month, reaching a 52-week high of $37.78, with an RSI value of 88.9 [7] - New Jersey Resources Corp posted mixed quarterly results, achieving NFEPS at the high end of guidance for the fifth consecutive year [7] - NJR's stock increased around 6% over the past month, with a 52-week high of $51.94 and an RSI value of 74.5 [7] Stock Performance Metrics - UGI's shares rose 7.1% to close at $37.61 on the last trading day [7] - New Jersey Resources' shares rose 1.6% to close at $48.83 on the last trading day [7] - UGI has a momentum score of 74.54 and a value score of 64.35 [7]
Top 3 Real Estate Stocks That Could Blast Off In November
Benzinga· 2025-11-24 12:06
Core Insights - The real estate sector is currently experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Group 1: VICI Properties Inc - VICI Properties reported mixed quarterly results with a 4.4% year-over-year revenue growth and a 5.3% year-over-year growth in AFFO per share [8] - The company announced its 8th consecutive annual dividend increase of $0.0175 per share, representing a 4.0% year-over-year increase [8] - VICI's stock has fallen approximately 8% over the past month, with a 52-week low of $27.98 and an RSI value of 28.8 [8] Group 2: Fermi Inc - Fermi Inc has maintained an Outperform rating from Macquarie analyst Paul Golding, with a price target of $35 [8] - The stock has experienced a significant decline of around 39% over the past month, reaching a 52-week low of $13.64 and an RSI value of 25.4 [8] Group 3: Reitar Logtech Holdings Ltd - Reitar Logtech announced a strategic partnership with Hangzhou Xianmu Technology to develop a global tokenized smart supply chain ecosystem for the foodservice industry [8] - The company's stock has decreased by approximately 20% over the past five days, with a 52-week low of $1.18 and an RSI value of 18.8 [8]
Why crypto's having a terrible, horrible, no good, very bad month
Yahoo Finance· 2025-11-21 18:53
Crypto's having a terrible, horrible, no good, very bad month, and it could get worse before it gets better, experts said. Cryptocurrencies have cratered this month, losing more than $1 trillion in value in recent weeks. Bitcoin's dropped to the lowest level since April and is on track for its worst month since 2022. It's down more than 33% from its all-time high above $126,000 in early October, which officially pushes the digital unit into bear market territory defined as at least 20% lower than the recor ...
Down 11.3% in 4 Weeks, Here's Why Calix (CALX) Looks Ripe for a Turnaround
ZACKS· 2025-11-21 15:36
Core Viewpoint - Calix (CALX) has experienced significant selling pressure, resulting in an 11.3% 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 utilized to determine if CALX is oversold, with a current reading of 28.02 indicating potential for a price reversal [2][5] - Stocks oscillate between overbought and oversold conditions, and the RSI helps identify when a stock may be undervalued due to excessive selling [3] Group 2: Fundamental Analysis - Analysts have raised earnings estimates for CALX significantly, with a 231.4% increase in the consensus EPS estimate over the last 30 days, suggesting potential price appreciation [7] - CALX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, indicating strong potential for a turnaround [8]
Down 22.0% in 4 Weeks, Here's Why Telefonica (TEF) Looks Ripe for a Turnaround
ZACKS· 2025-11-21 15:36
Core Viewpoint - Telefonica (TEF) has experienced a significant downtrend, with a 22% 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]. - TEF's current RSI reading is 27.29, indicating that the heavy selling pressure may be exhausting itself, which could lead to a trend reversal [5]. Group 2: Fundamental Analysis - Analysts have shown strong consensus in raising earnings estimates for TEF, with a 17.7% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - TEF 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].
Down 12% in 4 Weeks, Here's Why You Should You Buy the Dip in ScanSource (SCSC)
ZACKS· 2025-11-21 15:36
Core Viewpoint - ScanSource (SCSC) has experienced significant selling pressure, declining 12% 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]. - SCSC's current RSI reading is 29.82, 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 SCSC have increased by 3.9% over the last 30 days, which typically correlates with price appreciation in the near term [7]. - SCSC 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].
Down 22.3% in 4 Weeks, Here's Why StoneCo (STNE) Looks Ripe for a Turnaround
ZACKS· 2025-11-21 15:36
Core Viewpoint - StoneCo Ltd. (STNE) has experienced a significant downtrend, with a 22.3% 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]. - STNE's current RSI reading is 25.65, indicating that the heavy selling pressure may be exhausting itself, suggesting a possible reversal in the stock's trend [5]. Group 2: Fundamental Analysis - Analysts have shown strong agreement in raising earnings estimates for STNE, with a 1% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - STNE 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 [8].