CRWD Approaches Resistance Overbought at $782.17
CrowdStrike Holdings Inc (CRWD) closed near unchanged at $782.17 on June 2.
The technical picture is bullish:
Moving Averages
The stock holds above both the 9-day ($680.55) and 21-day ($610.92) EMAs, confirming the uptrend.
Momentum
RSI at 86.5 is elevated in overbought zone, which often precedes pullbacks. MACD reads 69.32 against its 56.35 signal line (bullish).
Volatility
Price is extended above the upper Bollinger Band ($768.22), suggesting possible mean reversion.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Support sits at $428.87 with resistance at $768.22.
