Magnachip Semiconductor (MX, $4.75) RSI Indicator left the overbought zone on February 19, 2025

#Semiconductors, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MicroCap
MX - Magnachip Semiconductor Corp
RSI signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $4.75
Daily change: +$0.03 (+0.64%)
Daily volume: 214.4K
Capitalization: $176.7M
Industry: Semiconductors

This is a signal that MX'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 29 similar cases where MX's RSI Indicator left the overbought zone, and in 26 of them led to a successful outcome. Odds of Success: 90%.