The stock has touched the 5 year standard deviation (-2) of the regression line and might possibly see a bounce back to the regression line levels. Plus, the 40 EMA and the 200 EMA convergence may also initiate a bounce back for the 40 EMA line.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.