Here's Why America's Car-Mart (CRMT) is Poised for a Turnaround After Losing -15.1% in 4 Weeks

Technical Analysis - The stock of America's Car-Mart (CRMT) has declined by 15.1% over the past four weeks, indicating significant selling pressure [1] - The Relative Strength Index (RSI) is a momentum oscillator used to identify oversold stocks, with a reading below 30 typically indicating oversold conditions [2] - CRMT's RSI reading of 24.08 suggests the stock is oversold and may be poised for a trend reversal as selling pressure exhausts itself [5] Fundamental Analysis - Sell-side analysts covering CRMT have raised earnings estimates for the current year, leading to a 31.3% increase in the consensus EPS estimate over the last 30 days [6] - An upward trend in earnings estimate revisions often translates into near-term price appreciation [6] - CRMT currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 stocks ranked based on earnings estimate revisions and EPS surprises [7] Investment Opportunity - The combination of technical and fundamental indicators suggests CRMT could experience a turnaround, with the stock potentially rebounding from its oversold condition [5][6][7]