Zai Lab (ZLAB, $19.35) RSI Indicator left the overbought zone on September 03, 2024

#Biotechnology, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #SmallCap
ZLAB - Zai Lab Limited
RSI signal
Bearish Trend
79%
Odds of DOWN Trend
Price: $19.35
Daily change: -$0.59 (-2.96%)
Daily volume: 699.8K
Capitalization: $1.9B
Industry: Biotechnology

This is a signal that ZLAB'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 ZLAB's RSI Indicator left the overbought zone, and in 22 of them led to a successful outcome. Odds of Success: 79%.