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Novadaq Technologies Inc. (NVDQ) Enters Overbought Territory - Tale of the Tape

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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.

NOVADAQ TEC INC (NVDQ): 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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