Novabay's 15min Chart Triggers RSI Oversold, KDJ Golden Cross
ByAinvest
Thursday, Feb 5, 2026 12:32 pm ET1min read
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The 15-minute chart for Novabay has exhibited two notable indicators. Firstly, the Relative Strength Index (RSI) has entered an oversold zone, indicating that the stock price has dropped precipitously and may be undervalued relative to its underlying fundamentals. Secondly, the KDJ (a momentum indicator) has formed a golden cross, which is a bullish signal indicating a shift in momentum towards an upward trend. These indicators suggest that the stock price has the potential to rebound and continue to rise in the coming days.
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