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Is RICK building bearish momentum? New 52 Week Closing Low shows up after plummeting 15.94%

Rick's Cabaret International, Inc. (RICK) — SwingTradeBot Technical Analysis Report · Sep 16, 2025, 17:34 ET
RICK posted a 15.94% loss on Tuesday, September 16th, accompanied by 13.7× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low, Wide Range Bar, New 52 Week Closing Low, Stochastic Reached Oversold & Expansion Breakdown — suggesting potential weakness ahead. Key support levels exist at 26.31, 23.84 & 19.67, with resistance at 32.95, 37.12 & 39.59. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of RICK: F

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RCI Hospitality Holdings, Inc. (RICK)