After Plunging -10.67% in 4 Weeks, Here's Why the Trend Might Reverse for Burlington Stores (BURL)

Group 1 - Burlington Stores (BURL) has experienced a significant decline of 10.7% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for BURL is currently at 25.13, suggesting that the heavy selling pressure may be exhausting itself [5] - There is a strong consensus among Wall Street analysts that BURL will report better earnings than previously predicted, with a 0.1% increase in the consensus EPS estimate over the last 30 days [6] Group 2 - BURL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [7]