Oversold Stocks on Watch

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Find out what happening right now and get all the pieces of the puzzle on important data activity before the major news sources break the story and see what are the trends
 

•  24 May 2025
 

This week I’ve been closely watching several tickers that have absolutely cratered, but not all for the same reasons. Some may be in terminal decline, while others might just be misunderstood.

Here’s a quick breakdown of what’s going on and why one of them might be the oversold stock with the best rebound potential right now.

$WOLF
Wolfspeed has collapsed. Down over 53% in just three trading days, the stock is now trading at $1.45 far cry from its 52-week high of $30.86.

Reports are swirling about a possible Chapter 11 bankruptcy.
Unusual options activity foreshadowed the breakdown suggesting institutional players were preparing.
Volume spiked to 66.3 million, well above its 40.8 million average. Analysts are maintaining strong sell ratings.
EPS is a staggering -130,000. RSI is down to 34.96 and dropping fast.

This one look like it’s on life support. Unless you’re speculating on a short-term bounce, it’s likely best avoided.

$URGN
UroGen Pharma has shed 44% over the past three days but did manage to claw back 2.7% today, closing at $4.19.
The FDA's ODAC panel didn’t reject the company’s drug, but they didn’t endorse it either keeping sentiment under pressure. RSI is 24.69, putting it deep into technically oversold territory. However, momentum remains weak and conviction is low.
EPS stands at -3.03. Beta is 0.66 relatively low volatility for a biotech, but don’t let that fool you.

This is a wait-and-see play, better suited for high-risk portfolios.

$RUN
Sunrun took a beating — down 40% in just three sessions. It bounced slightly today to close at $6.88, but that’s still far below its 52-week high of $22.23.

Here’s why it stands out from the others:
The selloff wasn’t company specific. It’s tied to macro factors like solar policy fears and higher rates.
RSI is now at 42.76 nearing oversold territory.
Volume exploded 2.7 times above average to 45.6 million shares, suggesting capitulation. This isn’t a broken company it’s a sector play caught in the wrong macro moment. When sentiment shifts, it could move sharply higher.

$DECK
Deckers Outdoor is now down over 21% in just three days, trading at $101.05 from a recent high of $223.98.

The company missed earnings, and new tariffs are raising concerns about future performance. RSI is at 32.87 — not quite oversold, but close. Short interest is ticking up, and sellers are firmly in control.

Deckers is a high-quality brand, but in the short term, the trend is negative, and technical damage is clear.

Final Thoughts:
Among these names, RUN looks like the cleanest setup for a potential rebound. The selling appears overdone and macro-driven. No direct issues with the company itself.
High trading volume hints at capitulation, which often precedes reversals.