H&R Block Shares Plunge 28.7% in Four Weeks as Oversold Signal Emerges
H&R Block shares plunged 28.7% over the past four weeks, triggering a technical oversold signal. Wall Street analysts have collectively raised FY2026 earnings estimates, reinforcing expectations of a potential trend reversal.
1. Four-Week Sell-Off
H&R Block shares plunged 28.7% over the past four weeks, representing one of the steepest month-long declines in recent trading and intensifying selling pressure on the stock.
2. Oversold Signal and Analyst Upgrades
The rapid drop pushed the relative strength index below 30, marking an oversold condition, while a broad consensus of analysts has raised FY2026 earnings projections, underpinning expectations of a near-term recovery.