Oportun Financial Enters Oversold Territory
Oportun Financial Enters Oversold Territory
Oportun Financial Corporation (OPRT-Free Report) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at OPRT given that, according to its RSI reading of 21.92, it is now in oversold territory.
What is RSI?
RSI stands for ‘Relative Strength Index’ and it is a popular indicator used by technically focused investors. It compares the average of gains in days that closed up to the average of losses in days that closed down; readings above 70 suggest an asset is overbought, while an RSI below 30 suggests undervalued conditions are present.
Other Factors
Yet, OPRT’s low RSI value isn’t the only reason to have some optimism over a coming turnaround, as there has been plenty of positive earnings estimate revision activity as of late. This is especially true when investors take a deep dive into some of these estimate revision stats and recent changes to Oportun Financial’s earnings consensus.
Over the past two months, investors have seen 1 earnings estimate revision move higher, compared with none lower, at least when looking at the key current year time frame. And the consensus estimate for OPRT has also been on an upward trend over the past 60 days, as estimates have risen by 3.1% over the last two months.
If this wasn’t enough, Oportun Financial also has a Zacks Rank #1 (Strong Buy) which puts it into rare company among its peers. So, given all of these factors, investors may want to consider getting in on this stock now (or holding on), as there are some favorable trends that could bubble up for this stock before long. You can see the complete list of today’s Zacks #1 Rank stocks here .
Today's Best Stocks from Zacks
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This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
Oportun Financial Corporation (OPRT-Free Report) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at OPRT given that, according to its RSI reading of 21.92, it is now in oversold territory.
What is RSI?
什麼是 RSI？
RSI stands for ‘Relative Strength Index’ and it is a popular indicator used by technically focused investors. It compares the average of gains in days that closed up to the average of losses in days that closed down; readings above 70 suggest an asset is overbought, while an RSI below 30 suggests undervalued conditions are present.
RSI 代表「相對強度指數」，它是 流行 集中技術的投資者使用的指標。它比較了收盤日內收平均虧損的日平均收益的平均值；70 以上的讀數表明資產超買，而 RSI 低於 30 則表明存在低估的條件。
Other Factors
其他因素
Yet, OPRT’s low RSI value isn’t the only reason to have some optimism over a coming turnaround, as there has been plenty of positive earnings estimate revision activity as of late. This is especially true when investors take a deep dive into some of these estimate revision stats and recent changes to Oportun Financial’s earnings consensus.
然而，OPRT 的低 RSI 價值並不是對即將到來的轉變有些樂觀態度的唯一原因，因為截至最近，已經有很多積極的盈利估計修訂活動。當投資者深入研究其中一些估計修訂統計數據以及 Oportun Financial 收益共識的近期變化時，尤其如此。
Over the past two months, investors have seen 1 earnings estimate revision move higher, compared with none lower, at least when looking at the key current year time frame. And the consensus estimate for OPRT has also been on an upward trend over the past 60 days, as estimates have risen by 3.1% over the last two months.
在過去兩個月中，投資者已經看到 1 次盈利估計修訂升幅較高，但至少在查看當年關鍵時間範圍時，相較於沒有更低。在過去的 60 天中，OPRT 的共識估計也呈上升趨勢，因為過去兩個月的估計增長了 3.1％。
If this wasn’t enough, Oportun Financial also has a Zacks Rank #1 (Strong Buy) which puts it into rare company among its peers. So, given all of these factors, investors may want to consider getting in on this stock now (or holding on), as there are some favorable trends that could bubble up for this stock before long. You can see the complete list of today’s Zacks #1 Rank stocks here .
如果這還不夠, Oportun 金融也有扎克排名 #1 (強買) 這把它成為罕見的公司在其同行中.因此，鑑於所有這些因素，投資者可能希望立即考慮（或持有）購買該股票，因為有一些有利的趨勢可能會在不久之前冒泡該股票。你可以看到 今天的扎克斯的完整列表 #1 在這裡排名股票 。
Today's Best Stocks from Zacks
今天最好的股票來自 Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
您想看到我們最好的市場跳動策略中的最新選擇嗎？從二零一七年到二零一九年，而 標普 500 上升並令人印象深刻的 +53.6%，我們的五項策略回報了 +65.8%、+97.1%、+118.0%、+175.7%，甚至還有 186.7%。
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
這種表現不僅僅是最近的現象。從 2000 年至 2019 年開始，標普每年平均值為 +6.0%，但我們的主要策略平均每年可達 +54.7%。
譯文內容由第三人軟體翻譯。
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