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Just noticed WMS has been getting hammered lately, down about 12% over the past month. But here's the thing - when I looked at the technical setup, the RSI is sitting at 29.68, which is pretty deep in oversold territory. Usually when a stock gets that beaten down just from panic selling rather than fundamentals, you start seeing bounces.
What's interesting is the fundamental side actually looks decent. Analysts covering WMS have been raising their earnings estimates over the last 30 days - consensus EPS went up 2%. That's the kind of thing that usually precedes a move higher once the selling exhausts itself. Plus WMS has a Zacks Rank 2, meaning it's in the top 20% of stocks based on earnings revisions.
Obviously RSI isn't everything and you shouldn't trade on one indicator alone, but when you combine oversold technicals with improving fundamentals, it's worth paying attention to. Could be setting up for a reversal if the selling pressure finally lets up. Not financial advice, just an observation on what the charts and estimates are showing right now.