Technical Warning: MDB RSI Hits Overbought at $435.85
BearishMongoDB Inc (MDB) traded flat at $435.85 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($428.63) with a bullish stack. The 21-day EMA at $411.14 provides support.
Momentum
RSI at 71.4 is in overbought territory, suggesting potential near-term exhaustion. MACD is bullish (21.33 vs signal 20.98).
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.