Cabot: Eyeing Up A Bearish Position As We Approach Q1 Earnings (Technical Analysis)
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Cabot Corporation is facing potential technical weakness as it approaches Q1 earnings, with a recent 25% stock drop and bearish MACD crossover. Despite growth in the Reinforcement Materials segment, flat revenue growth and revised EPS forecasts raise concerns.
January 30, 2025 | 3:45 am
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Cabot Corporation's stock has dropped 25% recently, and a bearish MACD crossover suggests further technical weakness. Despite growth in the Reinforcement Materials segment, flat revenue growth and revised EPS forecasts pose challenges.
The 25% stock drop and bearish MACD crossover indicate technical weakness, which could lead to further declines. Flat revenue growth and revised EPS forecasts suggest potential financial challenges, impacting investor sentiment negatively.
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