Martha Stewart Living Omnimedia, Inc. (MSO) is Overbought, What's Next?

Zacks

Although Martha Stewart Living Omnimedia, Inc. (MSO) is up over 23.6% in the past four weeks, investors may be concerned. After all, MSO is now in overbought territory, at least when looking at its RSI value of 71.4. If that wasn’t enough, investors should also note that Martha Stewart Living Omnimedia, Inc. possessesa Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in MSO shares before too long.



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