Shake Shack (SHAK, $98.68) RSI Indicator left the overbought zone on May 06, 2025

#Restaurants, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap, #Russel2000
SHAK - Shake Shack
RSI signal
Bearish Trend
67%
Odds of DOWN Trend
Price: $98.68
Daily change: +$2.25 (+2.33%)
Daily volume: 1.8M
Capitalization: $4B
Industry: Restaurants

This is a signal that SHAK'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 36 similar cases where SHAK's RSI Indicator left the overbought zone, and in 24 of them led to a successful outcome. Odds of Success: 67%.