89bio (ETNB, $8.13) RSI Indicator left the overbought zone on May 01, 2025

#Biotechnology, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #SmallCap, #Russel2000
ETNB - 89bio
RSI signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $8.13
Daily change: +$0.11 (+1.37%)
Daily volume: 1.7M
Capitalization: $1.2B
Industry: Biotechnology

This is a signal that ETNB'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 35 similar cases where ETNB's RSI Indicator left the overbought zone, and in 32 of them led to a successful outcome. Odds of Success: 90%.