High-speed optical interconnection products company Acacia Communications (ACIA) has seen shares move far higher over the past month. That’s created overbought conditions, and shares now look set for a pullback. The stock’s relative strength index, or RSI, got into the 80 range, well into overbought territory....
Shares of Stamps.com (STMP) have been in a general downtrend since August. While there have been some strong counter-rallies along the way, one emerging pattern suggests that shares will continue to decline. That pattern is the death cross. It occurs when a stock’s 50-day moving average...
Even with the stock market stumbling out of the gate in 2021, few companies are showing as oversold. One of the rare names is Aprea Therapeutics (APRE). The biotech company saw shares drop over 77 percent on a failed Phase III drug. The failure of a...
In a market flirting with all-time highs, only a handful of stocks look oversold. Besides a number of faltering funds trying to short the market, only a few companies make the list—and look poised to move higher. One such name? TransAct Technologies Incorporated (TACT). The $70-million...
A number of companies were hit hard by the pandemic, but news of a vaccine in recent weeks has been great for their shares. One such company is Imax Corp (IMAX), which specializes in motion picture technologies. Shares of the stock gapped higher on news of...