Vera Bradley, Inc. (VRA) Enters Overbought Territory

Zacks Equity Research
July 24, 2013

Vera Bradley, Inc. (VRA) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because VRA is now in overbought territory with an RSI value of 71.66. Furthermore, estimates for the Vera Bradley have been coming down, pushing it to a Zacks Rank #5 (Strong Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

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