CymaBay Therapeutics (CBAY, $32.21) RSI Indicator left the overbought zone on February 12, 2024

#Biotechnology, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap
CBAY - CymaBay Therapeutics
RSI signal
Bearish Trend
71%
Odds of DOWN Trend
Price: $32.21
Daily change: +$6.52 (+25.38%)
Daily volume: 70.4M
Industry: Biotechnology

This is a signal that CBAY'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 CBAY's RSI Indicator left the overbought zone, and in 25 of them led to a successful outcome. Odds of Success: 71%.