Is This the Top for Westamerica Bancorporation (WABC)?

Zacks

Although Westamerica Bancorporation (WABC) is up over 12.6% in the past four weeks, investors may be concerned. After all, WABC is now in overbought territory, at least when looking at its RSI value of 71.6. If that wasn’t enough, investors should also note that Westamerica Bancorporation possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in WABC shares before too long.



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