Mercer International (MERC, $7.86) RSI Indicator left the overbought zone on February 28, 2025

#PulpPaper, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #SmallCap
MERC - Mercer International
RSI signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $7.86
Daily change: -$0.3 (-3.68%)
Daily volume: 883.7K
Capitalization: $526.6M
Industry: Pulp & Paper

This is a signal that MERC'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 25 similar cases where MERC's RSI Indicator left the overbought zone, and in 22 of them led to a successful outcome. Odds of Success: 88%.