Monday.com Plummets 4.48% as Oversold Conditions and Bearish Momentum Signal Worsening Outlook Stock Ranks 420th in Volume Amid Technical Downturn

On August 1, 2025, monday.com (MNDY) closed at a 4.48% decline, with a trading volume of 0.30 billion, ranking 420th in the market. The stock entered oversold territory, as indicated by an RSI reading of 28.1, signaling potential exhaustion of recent selling pressure. This level contrasts with the S&P 500 ETF’s RSI of 49.2, highlighting MNDY’s relative weakness. The stock’s 52-week range spans $188.01 to $342.64, with its last trade at $250.76.

Technical indicators suggest bearish momentum for MNDY. The stock has fallen five consecutive days, with a 4.00% intraday swing on the final session. Short- and long-term moving averages issue sell signals, while resistance levels at $276.65 and $291.55 remain untested. A pivot top formed on June 30, 2025, has driven a 20.33% decline, and the MACD divergence reinforces the negative outlook. Low volume on falling prices raises caution, as does the absence of support below current levels.

Analysts highlight risks amid oversold conditions. The RSI14 at 23 signals heightened vulnerability to further declines before a potential reversal. With no stop-loss set and limited reward-to-risk ratios, the stock faces medium-term volatility. Projected fair opening prices for August 4, 2025, suggest a narrow range of $244.86–$256.22, reflecting constrained near-term movement. Accumulated resistance near $278.24 remains a distant target, amplifying uncertainty.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present, outperforming the benchmark’s 29.18% by 137.53%. This underscores the effectiveness of high-liquidity strategies in capturing rapid market shifts, though individual stock performance like MNDY’s highlights the risks of relying solely on volume-driven approaches.