Weyco Group (WEYS, $34.02) RSI Indicator left the overbought zone on July 30, 2024

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WEYS - Weyco Group
RSI signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $34.02
Daily change: +$0.38 (+1.13%)
Daily volume: 12.5K
Capitalization: $324.5M
Industry: Apparel/Footwear

This is a signal that WEYS'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 28 similar cases where WEYS's RSI Indicator left the overbought zone, and in 27 of them led to a successful outcome. Odds of Success: 90%.