AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Aurinia's 15-minute chart has recently triggered a number of technical indicators. Specifically, the Relative Strength Index (RSI) has indicated that the stock is overbought, while the Bollinger Bands have narrowed significantly. These developments are noteworthy because they suggest that the stock price has risen more quickly than would be justified by the underlying fundamentals, and that the magnitude of the stock price fluctuations has decreased. Overall, these technical indicators suggest that the stock may be due for a correction.
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet