American Midstream (AMID) Enters Overbought Territory - Tale of the Tape

Comment

Shutterstock photo

American Midstream Partners LP ( AMID ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because AMID is now in overbought territory with an RSI value of 71.9. Furthermore, American Midstream currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.



AMER MIDSTREAM (AMID): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: AMID


More from Zacks.com

Subscribe






Zacks.com
Contributor:

Zacks.com

Equity Research
Follow on:


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com