Super Micro Computer, Inc. (SMCI) Enters Overbought Territory

Zacks

Although Super Micro Computer, Inc. (SMCI) is up over 15.4% in the past four weeks, investors may be concerned. After all, SMCI is now in overbought territory, at least when looking at its RSI value of 70.9. If that wasn’t enough, investors should also note that Super Micro Computer, Inc. possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in SMCI shares before too long.



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