Ameris Bancorp (ABCB) Enters Overbought Territory - Tale of the Tape

By Zacks Equity Research,

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Ameris Bancorp ( ABCB ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because ABCB is now in overbought territory with an RSI value of 77.9. Furthermore, Ameris Bancorp currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

AMERIS BANCORP (ABCB): Free Stock Analysis Report

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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: ABCB

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