AXT (AXTI, $3.61) RSI Indicator left the overbought zone on May 30, 2023

#Semiconductors, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MicroCap, #Russel2000
AXTI - AXT
RSI signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $3.61
Daily change: -$0.05 (-1.37%)
Daily volume: 241K
Industry: Semiconductors

This is a signal that AXTI's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 27 similar cases where AXTI's RSI Indicator left the overbought zone, and in 26 of them led to a successful outcome. Odds of Success: 90%.