ARC Group (ARCW) is Overbought, What's Next?

Although ARC Group WorldWide Inc (ARCW) is up over 46.2% in the past four weeks, investors may be concerned. After all, ARCW is now in overbought territory, at least when looking at its RSI value of 75.7. If that wasn’t enough, investors should also note that ARC Group possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in ARCW shares before too long.




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