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Tale of the Tape

Zacks Equity Research

Grupo Televisa SAB (TV) Enters Overbought Territory
August 05, 2013


Trades from $3

Grupo Televisa SAB (TV - Analyst Report) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because TV is now in overbought territory with an RSI value of 73.84. Furthermore, estimates for the Grupo Televisa SAB 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.