CarGurus (CARG, $32.96) RSI Indicator left the overbought zone on May 12, 2025

#SpecialtyStores, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap, #Russel2000
CARG - CarGurus
RSI signal
Bearish Trend
69%
Odds of DOWN Trend
Price: $32.96
Daily change: +$5.01 (+17.92%)
Daily volume: 1.8M
Industry: Specialty Stores

This is a signal that CARG'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 CARG's RSI Indicator left the overbought zone, and in 24 of them led to a successful outcome. Odds of Success: 69%.