Back to main

Merge Healthcare Inc. (MRGE) Enters Overbought Territory - Tale of the Tape

Posted
8/1/2013 4:22:00 AM
By: Zacks.com
Referenced Stocks:MRGE

Merge Healthcare Inc. ( MRGE ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MRGE is now in overbought territory with an RSI value of 72.36. Furthermore, estimates for the Merge Healthcare have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.



MERGE HEALTHCAR (MRGE): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research