HomeStreet (HMST) Loses -13.39% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
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HomeStreet (HMST) has experienced a significant decline of 13.39% over the past four weeks. However, the stock is now in oversold territory, and Wall Street analysts are raising earnings estimates, suggesting a potential trend reversal.
January 10, 2025 | 3:45 pm
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HomeStreet (HMST) has seen a 13.39% decline in the last four weeks, entering oversold territory. Analysts are raising earnings estimates, indicating a potential trend reversal.
The stock's entry into oversold territory suggests that the selling pressure may have been overdone. Coupled with analysts raising earnings estimates, this indicates a potential positive shift in investor sentiment and a likely upward movement in the stock price.
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