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Down 12.6% in 4 Weeks, Here's Why Trip.com (TCOM) Looks Ripe for a Turnaround
ZACKS· 2026-01-15 15:37
Core Viewpoint - Trip.com (TCOM) is experiencing significant selling pressure, having declined 12.6% 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 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]. - TCOM's current RSI reading is 29.39, suggesting that the heavy selling pressure may be exhausting itself, indicating a potential trend reversal [5]. - RSI helps investors identify entry opportunities when a stock is undervalued due to unwarranted selling pressure [3]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts that TCOM's earnings estimates for the current year have increased by 0.3% over the last 30 days, which typically correlates with price appreciation [7]. - TCOM 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 turnaround [8].
After Plunging 9.1% in 4 Weeks, Here's Why the Trend Might Reverse for DocuSign (DOCU)
ZACKS· 2025-10-02 14:36
Core Viewpoint - DocuSign (DOCU) has experienced a significant downtrend with a 9.1% decline 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 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] - DOCU's current RSI reading is 29.57, indicating that the heavy selling pressure may be exhausting itself, which could lead to a trend reversal [5] Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding an increase in DOCU's earnings estimates, with a 16.2% rise 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] Group 3: Analyst Ratings - DOCU 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, indicating a strong potential for a turnaround [8]