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Tale of the Tape

Zacks Equity Research

MICROS Systems, Inc. (MCRS) Enters Overbought Territory
August 15, 2013

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MICROS Systems, Inc. has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MCRS is now in overbought territory with an RSI value of 71.93. Furthermore, estimates for the MICROS Systems 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.