Is RESN a buy after the 02 Jan 2026 close?

RESN shows a short-term oversold-bounce setup but fundamentals remain weak. Meyka grades RESN B (HOLD). Traders may take tactical positions; longer-term investors should wait for clearer revenue and earnings improvement.

What are logical stop and target levels for an oversold bounce trade?

Use a stop below USD 3.50, first target near USD 4.50, tactical breakout target USD 6.00. Adjust size for volatility and confirm with rising volume on reversal.

How does Resonant’s valuation look?

Valuation is mixed: EPS -0.576, PE negative -7.78, book value per share USD 0.244 and PB 18.35. The company has cash per share USD 0.339 and a current ratio of 3.13, but revenue per share is small.

What catalysts could change the outlook for RESN?

Positive design wins, customer testing for WaveX or XBAR in 5G/WiFi, or meaningful revenue growth would re-rate the stock. Lack of clear quarterly guidance is a near-term risk.

US Stocks

RESN $4.48 02 Jan 2026 NASDAQ close: Oversold bounce setup, watch support

ByHuzaifa Zahoor January 3, 2026January 3, 2026

We see RESN stock at USD 4.48 on the NASDAQ close on 02 Jan 2026, a session that finished with above-average volume and a clear technical setup for an oversold bounce. Trading volume reached 4,523,756 versus an average 2,163,851, giving the move real participation. Resonant Inc. (RESN) remains a loss-making semiconductor company (EPS -0.576, PE -7.78) with WaveX and XBAR product themes that could trigger short-term mean reversion. As an AI-powered market analysis platform, Meyka flags the trade for tactical traders while noting structural valuation and growth risks.