Revolve Groups stock price (RVLV) declined in latest intraday trading, under negative pressure from trading below the 50-day SMA. This drop positions the stock to potentially break a short-term upward correctional trend line, a scenario supported by negative signals starting to stream from the Stochastic after reaching extremely overbought levels exaggerated relative to the stocks movement.

Therefore we expect the stock to decline in upcoming trading, especially if it breaks the mentioned upward trend line, targeting the support level of $18.75.

Todays price forecast: Bearish