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Tale of the Tape

Zacks Equity Research

Allscripts Healthcare Solutions Inc. (MDRX) Enters Overbought Territory
July 23, 2013


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Allscripts Healthcare Solutions Inc. (MDRX - Analyst Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MDRX is now in overbought territory with an RSI value of 73.44. Furthermore, estimates for the Allscripts Healthcare Solutions 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.