Top 5 Stocks About to Test Their 52-Week Low

A 52-week low is a technical indicator used by some of the world's top traders and investors to determine the current and future value of a stock. In this report we reveal today's top 5 stocks about to reach their 52-week lows.

By clicking the link above you will automatically opt-in to receive emails from FinStrategist

Top 5 Financial Stocks Which You'll Regret Missing This Quarter

Lisa Levin
November 30, 2023

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

B. Riley Financial, Inc. (NASDAQ:RILY)

  • On Nov. 8, B. Riley Financial posted a loss for the third quarter. Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial said, "During the third quarter, we generated meaningful operating adjusted EBITDA consistent with our platform objectives to drive better results from a broader client set. Despite lower investment marks that reflect a difficult small cap market environment, we are as encouraged by the middle market setup as we have been in years and expect to take advantage of recent market dislocations." The company’s stock fell around 19% over the past five days and has a 52-week low of $16.65 .
  • RSI Value: 28.07
  • RILY Price Action: Shares of B. Riley Financial gained 1.8% to close at $18.23 on Wednesday.

Acacia Research Corporation (NASDAQ:ACTG)

  • On Nov. 13, Acacia Research posted a loss for the third quarter. Martin D. McNulty, Jr. "MJ", Interim Chief Executive Officer, stated, "In the last few weeks, our value-creation strategy has accelerated. We established a platform, in collaboration with accomplished executives we have worked with in the past, to acquire producing, cash generating oil and gas assets at what we believe will be favorable valuations." The company’s stock fell around 13% over the past six months. It has a 52-week low of $3.43.
  • RSI Value: 21.85
  • ACTG Price Action: Shares of Acacia Research fell 0.6% to close at $3.62 on Wednesday.

Central Plains Bancshares, Inc. (NASDAQ:CPBI)

  • Central Plains Bancshares has a market capitalization of $41.019 million. The company’s stock has a 52-week low of $8.20.
  • RSI Value: 22.25
  • CPBI Price Action: Shares of Central Plains Bancshares fell 0.5% to close at $9.93 on Wednesday.

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK)

  • On Oct. 23, Peoples Bancorp of NC reported a decline in EPS for the third quarter. The company’s shares lost around 17% year-to-date. The company’s 52-week low is $16.35.
  • RSI Value: 28.70
  • PEBK Price Action: Shares of Peoples Bancorp of North Carolina fell 0.2% to close at $27.00 on Wednesday.

Hawthorn Bancshares, Inc. (NASDAQ:HWBK)

  • On Oct. 25, Hawthorn Bancshares reported a decline in EPS for the third quarter. The company’s shares fell around 2% year-to-date. The company has a 52-week low of $15.02.
  • RSI Value: 26.58
  • HWBK Price Action: Shares of Hawthorn Bancshares rose 0.1% to close at $21.28 on Wednesday.

 

Read More: Kroger, Dell And 3 Stocks To Watch Heading Into Thursday

Continue Reading...

Popular

Top 2 Utilities Stocks That Are Preparing To Pump In March

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Zimbabwe's president cancels a renewable energy speech after a bomb scare at Victoria Falls Airport

HARARE, Zimbabwe (AP) — A bomb scare shut down Zimbabwe’s Victoria Falls Airport on Friday, forcing the country’s president to cancel a planned address at a conference on renewable energy, an official said.

Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" - Ad

Peabody Award-winning journalist Bill Tucker sat down with a reclusive multimillionaire trader... 858 miles OUTSIDE of Wall Street... to discuss a revolutionary new trading strategy that involves... One ticker... one trade... every week. The fast-hitting profit potential is extraordinary.

Deadly mining protests in Liberia kill 1 and injure many, official says

MONROVIA, Liberia (AP) — Violent protests in Liberia over the presence of armed guards in mining areas in the country’s northwest killed one demonstrator and left several injured, a government official said.

The Next Great Crypto Bull Market Has Begun... - Ad

The last of three historically bullish crypto events is expected to happen around April 14. It's only the fourth time in crypto history. The last time, in 2020, certain altcoins exploded. Some as high as 531,735% or even a 953,018% gain. A tiny $100 investment would have returned just short of a million dollars.

These 3 Energy Stocks With Over 5% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Rivian, GM, Volvo And Polestar To Get Access To Tesla's Supercharger Network This Spring

The announcement comes on the heels of the company opening its network to Dearborn-based legacy automaker Ford Motor Co.

Turn Market Chaos Into Your No. 1 Advantage - Ad

Don't let market volatility erode your hard-earned savings. Our free gold guide shows you how to turn your 401k into a gold IRA and protect your retirement today.

The Dutch government has spent $180M dealing with the downing of a Malaysia Airlines flight in 2014

THE HAGUE, Netherlands (AP) — The Dutch government has spent more than 166 million euros ($180 million) dealing with the aftermath of the downing of a Malaysia Airlines flight over eastern Ukraine in 2014, from repatriating victims' bodies to investigating and prosecuting some of those involved in the downing, according to an official report Thursday.

Boeing Faces $51M Penalty For Arms Exports Violations To China, Russia

Boeing has agreed to pay a $51 million penalty to settle a U.S. administrative charge related to unauthorized exports of technical data to countries including China and Russia.

A.I. Billionaire Shocks the World - Ad

A famous A.I. billionaire recently took center stage and shocked the world. He left the crowd utterly speechless. But what exactly happened? He revealed a breakthrough device that will change everything you know about making money.

Officials investigate rare nervous system disorder in older adults who got RSV vaccine

NEW YORK (AP) — Health officials are investigating whether there's a link between two and cases of a rare nervous system disorder in older U.S. adults.

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

RIO DE JANEIRO (AP) — Brazil’s finance minister told his peers Thursday at a in Sao Paulo that countries should implement a global tax on the super-rich in an effort to tackle rampant tax evasion.

This Is Going to Blow the Wealth Gap Wide Open - Ad

The most disruptive technology of this century is about to blow the wealth gap wide open. Artificial intelligence could soon cause millions of Americans to fall further behind and folks who heed this A.I. Code Red could land on the winning side of the growing wealth gap.

Jim Cramer's Advice On How To Navigate Market Moves: 'You Have To Flip The Psychology'

During the Club's Annual Meeting, Cramer and Director of Portfolio Analysis Jeff Marks addressed various questions, including strategies for market downturns and stock-picking for kids.

Challenging Times For Definitive Healthcare: Analysts Highlight Sluggish Growth And Recovery Efforts In Q4 Analysis

Definitive Healthcare's Q4 2023 performance, with adjusted EPS at $0.07, sales of $65.93 million, and a 5% Y/Y growth in enterprise clients. Get insights into Q1 2024 guidance and fiscal year 2024 expectations, despite macroeconomic challenges. Analysts note resilience and positive developments, maintaining an Outperform rating.

"America's Top Trader" Issues Urgent Warning: A.I. Code Red - Ad

When "America's Top Trader" issues a brand new warning... the smart money pays close attention. Eric just issued what he says is the most urgent warning of his entire career: What's coming next isn't just a stock market thing.

Does Sam Altman Own Half A Billion Dollars Worth Of Reddit Stock? Not Quite, Reveals Fine Print Of IPO Filing

According to the document, "Altman disclaims beneficial ownership of these shares except to the extent of his respective pecuniary interest therein."

New Finnish leader Alexander Stubb says it took 'final step' into Western community by joining NATO

HELSINKI (AP) — Alexander Stubb was sworn in Friday as Finland’s new president and said the Nordic country has taken “the final step into the Western community of values” by becoming a NATO member.

Investing Wizard Turns $37K Into $2.7M in 4 Years - Ad

He started from nothing and became a multimillionaire... He's now one of the most sought-after trading experts... Yet he operates 858 miles from Wall Street. And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.

One Tech Tip: Don't use rice for your device. Here's how to dry out your smartphone

LONDON (AP) — You were walking next to a swimming pool when you slipped and dropped your phone into the water. Or it slipped out of your hand when you were next to a filled bathtub or toilet.

Trump's Immunity Claim To Be Examined By Supreme Court: A Game Changer For 2024 Elections?

In a historic move, the U.S. Supreme Court has agreed to hear a case concerning former President Donald Trump’s claim of criminal immunity, a decision that could significantly impact his attempts to overturn the 2020 election loss.

MUST SEE By March 11: Beware Biden's Trojan Horse - Ad

It could usher in the most radical transformation of our money we've ever seen in America's history... trigger a surprise election outcome in the coming months... and fundamentally alter the value of your savings forever. One 24-year market veteran warns that most Americans simply aren't prepared for what's coming on March 11.

Cambodia's pioneering post-Khmer Rouge era Phnom Penh Post newspaper will stop print publication

PHNOM PENH, Cambodia (AP) — The Phnom Penh Post, a newspaper founded in 1992 as Cambodia sought to re-establish stability and democracy after decades of war and unrest, said Friday that it will stop publishing in print this month, the latest blow to the country's dwindling independent media.

Why James Altucher SOLD All His Bitcoin - Ad

Crypto genius James Altucher has been praising Bitcoin since it was trading for $61. But now he's buying another coin like crazy... and it's not Bitcoin!

Watch Out Google, OpenAI: Perplexity AI Reportedly Raising Additional Money At Significantly Higher Valuation Cap Than $520M

Perplexity's latest funding round, which is still in the negotiation phase, is expected to be structured as convertible securities, known as simple agreements for future equity or SAFE notes. 

First US moon lander in half a century stops working a week after tipping over at touchdown

CAPE CANAVERAL, Fla. (AP) — The first U.S. spacecraft to since the Apollo astronauts fell silent Thursday, a week after breaking a leg at touchdown and tipping over near the lunar south pole.

Biden's Big Tax Grab (Protect Yourself ASAP) - Ad

Biden's proposed 2024 tax reforms could be a direct threat to your personal wealth and financial freedom. But one IRS Loophole offers protection and can even grow your wealth at the same time. All the details are in this free report.

Aid groups appeal to the European Union to release urgent funds for Palestinian refugee agency UNRWA

BRUSSELS (AP) — Humanitarian aid groups appealed on Thursday to the European Union to release tens of millions of euros in funding due to the main U.N. agency that delivers most aid to people in as the organization teeters on the brink of financial collapse.

New Trump Bombshell - Ad

The Freeport Society and Louis Navellier have just issued a shocking election prediction for 2024. I believe Donald J. Trump will go down as America's last Republican president. But NOT for the reasons you may think...

Oil Surge Predicted...But Are You Ready? - Ad

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

This Trader Turned $2,708 Into $3.25 Million With Trump-Related MAGA Memecoin

Pseudonymous Erik Stevens, a self-proclaimed "eccentric multi-millionaire," updated his followers on achieving a "1,024X" on MAGA Memecoin (CRYPTO: TRUMP), the

Musk's X asks judge to penalize nonprofit researchers tracking rise of hate speech on platform

Attorneys for X Corp. and a research organization that studies online hate speech traded arguments in court Thursday after the social media platform sued the non-profit Center for Countering Digital Hate for documenting the on the site since it was purchased by Elon Musk.

Elon Got This Right... - Ad

Today, a new technology is about to hit with a force even greater than a tidal wave... I'm talking about artificial intelligence, a technology Elon Musk calls: "The most disruptive force in history." It has already started, that's why Eric Fry is issuing an urgent A.I. Code Red today.

Plug Power's FY23 Falls Short Of Expectations, Aims Financial Strengthening In 2024

Plug Power Inc reports 27.1% revenue growth in fiscal 2023, but misses consensus. Net loss per share higher at $(2.30). Cash management a focus.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service