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Scotts Miracle-Gro Co (SMG) Enters Overbought Territory - Tale of the Tape

Scotts Miracle-Gro Co ( SMG ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because SMG is now in overbought territory with an RSI value of 74.63. Furthermore, estimates for the Scotts Miracle 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.

SCOTTS MIRCL-GR (SMG): 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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