Is This the Top for Harmony Gold Mining (HMY)?

Zacks Equity Research
February 21, 2014

Although Harmony Gold Mining Co. (HMY) is up over 17.7% in the past four weeks, investors may be concerned. After all, HMY is now in overbought territory, at least when looking at its RSI value of 71.2. If that wasn’t enough, investors should also note that Harmony Gold Mining possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in HMY shares before too long.




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