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Is This the Top for InterContinental Hotels Group PLC (IHG)? - Tale of the Tape

By: Zacks.com
Posted: 12/26/2013 9:07:00 AM
Referenced Stocks: IHG

Although InterContinental Hotels Group PLC (IHG) is up over 7.7 % in the past four weeks, investors may be concerned. After all, IHG is now in overbought territory, at least when looking at its RSI value of 74.2 . If that wasn't enough, investors should also note that InterContinental Hotels Group PLC possesses a Zacks Rank 4(Sell) , so if analyst perception is any guide, we could witness a slump in IHG shares before too long.



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