Down -16.85% in 4 Weeks, Here's Why CI&T (CINT) Looks Ripe for a Turnaround

Core Viewpoint - CI&T Inc. (CINT) has experienced a significant downtrend, with a 16.9% decline over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold stocks, with a reading below 30 typically indicating oversold conditions [2]. - CINT's current RSI reading is 28.2, suggesting that the heavy selling pressure may be exhausting, indicating a possible price rebound [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts regarding CINT's earnings potential, with a 17.9% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - CINT 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, further supporting the potential for a near-term turnaround [8].