Workflow
Down -30.2% in 4 Weeks, Here's Why MaxCyte (MXCT) Looks Ripe for a Turnaround
MXCTMaxCyte(MXCT) ZACKS·2025-04-07 22:46

MaxCyte, Inc. (MXCT) has been on a downward spiral lately with significant selling pressure. After declining 30.2% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a s ...