Monarch Financial (MNRK) is Overbought, What's Next? - Tale of the Tape

By
A A A

Although Monarch Financial Holdings, Inc. ( MNRK ) is up over 9.1% in the past four weeks, investors may be concerned. After all, MNRK is now in overbought territory, at least when looking at its RSI value of 72.2. If that wasn't enough, investors should also note that Monarch Financial possesses a Zacks Rank #5 (Strong Sell), so if analyst perception is any guide, we could witness a slump in MNRK shares before too long.



MONARCH FINANCL (MNRK): 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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: MNRK

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

183,639,073
  • $42.32 ▲ 3.85%
82,623,623
  • $15.99 ▼ 22.79%
39,547,942
  • $119 ▲ 1.19%
32,107,751
  • $77.62 ▲ 2.63%
29,684,848
  • $10.60 ▲ 2.02%
27,615,309
  • $24.03 ▲ 0.38%
26,917,669
  • $31.10 ▲ 2.07%
26,464,306
  • $47.75 ▲ 0.59%
As of 11/26/2014, 04:15 PM

Find a Credit Card

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