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Stochastic Sell Signal appears for REI after 0.69% move
On Wednesday, August 19th, REI moved down 0.69% while volume was to 1.2× the usual levels. Multiple bearish signals emerged — Stochastic Sell Signal and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 1.39, 1.36 & 1.3, with resistance at 1.48, 1.54 & 1.57. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of REI: C
See all signals and full analysis for REI on SwingTradeBot.com →
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