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Mercer International Inc. (MERC) Enters Overbought Territory - Tale of the Tape

Mercer International Inc. ( MERC ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MERC is now in overbought territory with an RSI value of 80.92. Furthermore, estimates for the Mercer International have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

MERCER INTL SBI (MERC): 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.


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

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