Down -31.1% in 4 Weeks, Here's Why You Should You Buy the Dip in Relay Therapeutics (RLAY)
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Relay Therapeutics (RLAY) has seen a significant drop of 31.1% in the past four weeks, but it may be a good opportunity to buy. The stock is in oversold territory, and Wall Street analysts are revising earnings estimates higher, suggesting a potential trend reversal.
March 05, 2025 | 4:00 pm
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Relay Therapeutics has experienced a 31.1% decline in the last four weeks, but it is now in oversold territory. Analysts are revising earnings estimates higher, indicating a potential trend reversal.
The stock's significant decline has led it into oversold territory, a technical indicator suggesting a potential rebound. Additionally, the upward revision of earnings estimates by analysts supports the likelihood of a positive price movement.
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