Down -11.86% in 4 Weeks, Here's Why You Should You Buy the Dip in Preferred Bank (PFBC)
Preferred Bank(PFBC) ZACKS·2025-01-14 23:36A downtrend has been apparent in Preferred Bank (PFBC) lately with too much selling pressure. The stock has declined 11.9% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for ...