had a strong upward run for most of the past year climbing from around 300 to a peak near 680-700. However in early 2026 the stock experienced a massive sudden drop. Since that crash the short-term trend has been strongly negative bearish continuously making lower highs and lower lows. If you look at the volume bars at the bottom of the chart around late January/February 2026 there is a giant red spike. This huge increase in trading volume during a steep price drop indicates aggressive selling pressure. The stock is still feeling the aftershocks of this heavy sell-off and has not yet shown signs of a strong recovery. Support there is a dashed horizontal line drawn on your chart around 418.85. This is a major support zone. If you look back between August and October of the previous year the price struggled to fall below this general 400-420 area. If the current price drops and breaks below 418 it could trigger further selling. Resistance the immediate hurdle for the stock is around the 480 to 500 area. The stock needs to cross and stay above this zone to prove the downtrend is over. Keep a close eye on the 418.85 support level. If the price touches that level and bounces back up with strong green volume it might mean buyers are stepping back in. However if it falls below that line it is generally a signal of further weakness. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

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