MGIC Investment (MTG, $26.24) RSI Indicator left the overbought zone on May 08, 2025

#SpecialtyInsurance, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap
MTG - MGIC Investment Corp
RSI signal
Bearish Trend
61%
Odds of DOWN Trend
Price: $26.24
Daily change: +$0.17 (+0.65%)
Daily volume: 1.2M
Capitalization: $6.2B
Industry: Specialty Insurance

This is a signal that MTG'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 41 similar cases where MTG's RSI Indicator left the overbought zone, and in 25 of them led to a successful outcome. Odds of Success: 61%.