Arm stock falls 12.83% intraday, with daily RSI14 at 27.28
Photo: The Cryptonomist
Arm stock has a bearish daily setup , with price below its main exponential averages and lower Bollinger band. The hourly chart confirms that bias rather than challenging it. Oversold readings across all three timeframes complicate the picture, but they do not establish a bullish case. Key takeaways Arm stock was trading at $167.19 as of 10:29 ET on Thursday, down 12.83% from the previous close of $191.8. Daily RSI14 fell to 27.28 from 32.62, moving into oversold territory. Daily MACD line is -20.84 , below its signal at -16.57, with a negative histogram of -4.27.
Source: The Cryptonomist
