Hims & Hers Health stock is trading at $18.555, down 19.12% as of 13:03 ET

Image: The Cryptonomist
Hims & Hers Health stock has a bearish daily structure, and the hourly chart confirms that bias. Oversold readings complicate the near-term picture, but they do not outweigh price being below all three daily exponential averages. The bullish case remains conditional on reclaiming resistance. Key takeaways Hims & Hers Health stock was trading at $18.555 as of 13:03 ET, down 19.12% from the prior close of $22.94, with 1,180,216 shares traded. Price sits below the 20-session EMA at $26.25, the 50-session EMA at $27.85 and the 200-session EMA at $29.8. Daily RSI14 is 28.69, in oversold territory, while the daily MACD line at -1.68 is below its signal at -0.88. Hourly RSI14 is 18.18, with price below the hourly pivot at $18.68 and the hourly lower Bollinger band at $18.58.
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