Bending Spoons surges to $36.22 as overbought signals flash before Airtable deal

Bending Spoons stock surged to $36.22 this week, driven by its definitive Airtable acquisition agreement and a โฌ500 million SACE-backed loan. Yet the rally now sits at overbought extremes, with daily momentum diverging from price.
Key takeaways
- Bending Spoons shares closed at $36.22, testing a session high of $37.35 in a sustained daily uptrend.
- Daily RSI14 sits at 75.72, firmly overbought, while MACD shows bearish divergence with a negative histogram of -0.93.
- Price presses against the daily Bollinger upper band at $36.26, with elevated ATR14 of 2.2 signaling sharp swings ahead.
- Hourly momentum remains constructive, but the 15-minute chart shows compression, indicating an imminent breakout.
- Key pivot levels: resistance at R1 $37.54, support at S1 $34.71.
Bending Spoons Momentum Shows Warning Signs
The daily indicators on Bending Spoons are flashing caution despite the rallyโs strength. The stock is overbought and momentum is decelerating even as price holds near highs.
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