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Bumble stock jumps 49.53% on take-private reports; daily RSI reaches 79.46

Image: The Cryptonomist

Bumble stock ended Monday’s session near $3.80, surging after reports of take-private talks. It opened at $2.52, traded between a low of $2.50 and a high of $3.97, and was last at $3.80, against a previous close of $2.54. The price stands above all daily exponential averages and the upper Bollinger band. However, overbought RSI readings across daily, hourly, and 15-minute timeframes complicate the near-term outlook. Key takeaways Bumble stock ended Monday’s session near $3.80, a move of 49.53% from the previous close of $2.54, following published reports of take-private talks.

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