The heavy selling pressure might have exhausted for Air Products and Chemicals (APD) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Air Products and Chemicals (APD) Loses 7.5% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Source: Zacks Investment Research