POOL Drops to Extreme Oversold at $217.26
Pool Corp (POOL) slipped 0.57% to $217.26 on February 25.
Key indicators suggest a bearish bias:
Momentum
RSI at 27.7 is approaching oversold territory, which may present buying opportunities. MACD reads -7.59 against its -1.48 signal line (bearish).
Moving Averages
Bearish EMA structure persists with price below the 9-day ($236.25) and 21-day ($246.88).
Volatility
Bollinger Band width at 27.8% indicates normal volatility.
Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $217.25.
Key levels to watch: Support at $217.25, Resistance at $287.39.