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Tale of the Tape

Zacks Equity Research

Merge Healthcare Inc. (MRGE) Enters Overbought Territory
August 01, 2013

Trades from $3

Merge Healthcare Inc. has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because MRGE is now in overbought territory with an RSI value of 72.36. Furthermore, estimates for the Merge Healthcare 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.

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