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Tale of the Tape

Zacks Equity Research

Qiagen NV (QGEN) Enters Overbought Territory
July 19, 2013


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Qiagen NV (QGEN - Analyst Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because QGEN is now in overbought territory with an RSI value of 74.05. Furthermore, estimates for the Qiagen NV 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.