Novadaq Technologies Inc. (NVDQ) Enters Overbought Territory - Tale of the Tape
Novadaq Technologies Inc. ( NVDQ ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because NVDQ is now in overbought territory with an RSI value of 71.79. Furthermore, estimates for the Novadaq Technologies have been coming down, pushing it to a Zacks Rank #5 (Strong Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.