Everspin Technologies (MRAM, $6.11) RSI Indicator left the overbought zone on May 16, 2025

#Semiconductors, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MicroCap
MRAM - Everspin Technologies
RSI signal
Bearish Trend
72%
Odds of DOWN Trend
Price: $6.11
Daily change: -$0.06 (-0.97%)
Daily volume: 54.1K
Capitalization: $137.3M
Industry: Semiconductors

This is a signal that MRAM'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 29 similar cases where MRAM's RSI Indicator left the overbought zone, and in 21 of them led to a successful outcome. Odds of Success: 72%.