Steven Madden's 15min chart triggers RSI Overbought, KDJ Death Cross

Monday, Mar 30, 2026 9:47 am ET1min read
SHOO--

Steven Madden's 15-minute chart has triggered two indicators of potential market weakness: the Relative Strength Index (RSI) has entered overbought territory, and the KDJ (KST Divergence Index) has formed a death cross. These indicators suggest that the stock price has risen too quickly and is now unsupported by underlying fundamentals, and that momentum is shifting towards the downside, potentially leading to further decreases in the stock price.

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