Deckers (DECK) Loses -29.02% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
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Deckers (DECK) has experienced a significant decline of 29.02% over the past four weeks, making it technically oversold. This suggests a potential trend reversal, especially as Wall Street analysts are revising earnings estimates higher.
February 20, 2025 | 3:45 pm
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Deckers has seen a 29.02% decline in its stock price over the past month, leading to an oversold status. Analysts are revising earnings estimates upwards, suggesting a potential trend reversal.
The stock's oversold status indicates that the selling pressure may have been exhausted. Coupled with analysts' upward revisions of earnings estimates, this suggests a positive outlook for DECK in the short term.
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