For my week in review, UWL flirted with both sides of its 30-day moving average, for possibly the first week in its history:
Looking at the weekly chart, it has been the third instance in UWL's history with two or more consecutive weeks of falls. (Previous periods of multi-week falls were followed by multi-week gains.)
UWL showed something of a bounce during last week, but fell back to the 30-day moving average - just like it did on July 8th:
Time for a new indicator - let's go for the Stochastic RSI. It revisited its all-time lows a few days ago, but with some recovery. A Stochastic RSI lower than 20 implies an oversold stock, according to Investopedia:
Having said that, the (conventional) RSI of 51 is more or less neutral.
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