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Is RCAT likely to continue lower? 200 Day Moving Average Resistance shows up after gaining 2.14%

Red Cat Holdings, Inc. (RCAT) — Nightly Technical Analysis · Jun 18, 2026, 17:43 ET
On Thursday, June 18th, RCAT moved up 2.14% while volume was to 0.8× the usual levels. 200 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 10.92, 10.4 & 10.07, with resistance at 11.77, 12.1 & 12.62. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of RCAT: C

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Red Cat Holdings, Inc. (RCAT)