Steven Madden (SHOO, $26.18) RSI Indicator left the overbought zone on May 16, 2025

#ApparelFootwear, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap, #Russel2000
SHOO - Steven Madden Ltd
RSI signal
Bearish Trend
66%
Odds of DOWN Trend
Price: $26.18
Daily change: -$0.36 (-1.36%)
Daily volume: 1.8M
Capitalization: $1.9B
Industry: Apparel/Footwear

This is a signal that SHOO'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 SHOO's RSI Indicator left the overbought zone, and in 19 of them led to a successful outcome. Odds of Success: 66%.